North American Energy Partners (NOA) Stock Price Up 6.4%

North American Energy Partners Inc. (TSE:NOA) (NYSE:NOA)’s share price rose 6.4% during trading on Tuesday . The stock traded as high as C$5.65 and last traded at C$5.65. Approximately 8,940 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 18,917 shares. The stock had previously closed at C$5.31.

Separately, National Bank Financial increased their target price on North American Energy Partners from C$9.50 to C$11.50 and gave the company an “outperform” rating in a report on Thursday, January 11th.

The firm has a market cap of $145.84, a P/E ratio of 141.25 and a beta of 0.25.

In related news, insider North American Energy Partners acquired 177,000 shares of the firm’s stock in a transaction on Thursday, January 18th. The stock was bought at an average price of C$6.29 per share, for a total transaction of C$1,113,330.00. Also, Director Bryan Daniel Pinney acquired 10,000 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was bought at an average price of C$4.25 per share, with a total value of C$42,500.00.

TRADEMARK VIOLATION WARNING: This report was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at

About North American Energy Partners

North American Energy Partners Inc provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors within Western Canada. The Company’s operating divisions include Heavy Construction and Mining; Industrial, and Tailings & Environmental Construction.

Receive News & Ratings for North American Energy Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for North American Energy Partners and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply