Foraco International SA (TSE:FAR - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$1.65 and last traded at C$1.65, with a volume of 9896 shares changing hands. The stock had previously closed at C$1.68.
Foraco International Stock Down 1.8%
The company has a 50-day moving average of C$1.83 and a two-hundred day moving average of C$2.07. The company has a market capitalization of C$115.08 million, a PE ratio of 4.26 and a beta of 1.25. The company has a debt-to-equity ratio of 115.59, a current ratio of 1.43 and a quick ratio of 0.88.
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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