Pala have been quite active on Foraco in recent weeks.

Last January 22, it bought 429,000 shares at $2.30.

I just gave a look at Foraco's most recent balance sheet.

Foraco has a strong financial position.

The stock from my point of view is not cheap but if you use Reuters valuation ratios, you see that Foraco performance is in the best in his category.

Pala is renowned to invest in undervalued stocks.

Have a great day.

Cold over Québec city but a sunny day.