Foraco International SA (TSE:FAR - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.86 and traded as high as C$2.06. Foraco International shares last traded at C$2.04, with a volume of 780,300 shares traded.
Foraco International Price Performance
The company has a current ratio of 1.43, a quick ratio of 0.88 and a debt-to-equity ratio of 115.59. The business's fifty day moving average is C$1.85 and its 200 day moving average is C$1.86. The firm has a market capitalization of C$199.72 million, a P/E ratio of 10.60 and a beta of 0.97.
Foraco International Company Profile
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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.
Further Reading
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