North American Construction Gro found using ticker (NOA) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 18.74 and 14.99 with a mean TP of 17.61. Given that the stocks previous close was at 15.41 this is indicating there is a potential upside of 14.3%. The 50 day MA is 14.04 and the 200 day moving average is 12.31. The market capitalisation for the company is $434m. You can visit the company’s website by visiting: https://nacg.ca
The potential market cap would be $496m based on the market concensus.
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.
