North American Construction Gro which can be found using ticker (NOA) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 23.5 and 17.25 and has a mean target at $20.62. Now with the previous closing price of $18.17 this would indicate that there is a potential upside of 13.5%. The 50 day moving average now sits at $17.04 while the 200 day moving average is $13.51. The company has a market capitalization of $528m. You can visit the company’s website by visiting: https://nacg.ca
The potential market cap would be $599m based on the market consensus.
North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. Its Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services; and Equipment Maintenance services. As of December 31, 2022, the company operated a heavy equipment fleet of 637 units. It serves resource development and industrial construction sectors. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. North American Construction Group Ltd. was founded in 1953 and is headquartered in Acheson, Canada.
The company has a dividend yield of 1.64% with the ex dividend date set at 2-3-2023 (DMY).
