Foraco International SA (TSE:FAR - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$1.71 and last traded at C$1.76, with a volume of 33371 shares. The stock had previously closed at C$1.78.
Foraco International Stock Performance
The company has a quick ratio of 0.88, a current ratio of 1.43 and a debt-to-equity ratio of 115.59. The stock has a market capitalization of C$119.29 million, a P/E ratio of 4.42 and a beta of 1.25. The business has a fifty day moving average price of C$1.86 and a 200-day moving average price of C$2.08.
About Foraco International
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Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration.
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