Shares of Foraco International SA (TSE:FAR – Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$1.79 and last traded at C$1.85, with a volume of 36200 shares traded. The stock had previously closed at C$2.00.
Foraco International Price Performance
The company has a market cap of C$131.22 million, a price-to-earnings ratio of 4.86 and a beta of 1.25. The company’s 50 day moving average price is C$2.10 and its 200 day moving average price is C$2.21. The company has a current ratio of 1.43, a quick ratio of 0.88 and a debt-to-equity ratio of 115.59.
About Foraco International
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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