North American Construction Gro with ticker code (NOA) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 22.07 and 17.34 calculating the average target price we see 20.55. Now with the previous closing price of 14.78 this now indicates there is a potential upside of 39.0%. There is a 50 day moving average of 14.55 and the 200 day MA is 14.57. The market capitalisation for the company is $410m. Visit the company website at: https://www.nacg.ca
The potential market cap would be $569m based on the market concensus.
North American Construction Group Ltd. provides mining and heavy construction services to the resource development and industrial construction sectors in Canada and the United States The company’s 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. Its Equipment Maintenance Services division provides fuel and lube servicing, portable steaming, equipment inspections, parts and component supply, major overhauls and equipment refurbishment, onsite haul truck brake testing, onsite maintenance support, under carriage rebuild, machining, hose manufacturing, and technical support services, as well as welding, fabrication/repairs, weld certification, and inspection services. As of December 31, 2020, the company had a heavy equipment fleet of 626 units. The company was formerly known as North American Energy Partners Inc. and changed its name to North American Construction Group Ltd. in April 2018. The company was founded in 1953 and is headquartered in Acheson, Canada.
