According to The Fly, north American Construction Group Ltd (NOA) received a Buy rating from Raymond James analyst Ben Cherniavsky yesterday. The company’s shares opened today at $9.48.
Cherniavsky has an average return of 49.6% when recommending North American Construction Group Ltd.
According to TipRanks.com, Cherniavsky is ranked #1050 out of 5108 analysts.
The the analyst consensus on North American Construction Group Ltd is currently a Strong Buy rating.
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Based on North American Construction Group Ltd’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $1.12 million. In comparison, last year the company had a GAAP net loss of $466.7K.
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North American Construction Group Ltd. provides mining and heavy construction services. It offers their services to customers in the resource development and industrial construction sectors, primarily within Western Canada. The company focuses on supporting the construction and operation of surface mines, in the oil sands.
