Daniel Louis Simoncini, insider of Foraco International SA (TSX:FAR), picked up 2,000,000 Common Shares at an average of $3.02 — a $6.0M buy on Sep 9, 2026.
The purchase grows their position by 30%. They still hold 8,571,225 shares — a stake worth roughly $23.4M at today's price.
FAR shares are trading around $2.73, down 4.5% in the latest session, down 12% over the past three months, and up 14% this year. The stock has ranged from $1.95 to $3.40 over the past 52 weeks. The insider's average price of $3.02 is 11% above where the stock trades today.
