North American Energy Partners, Inc. (TSE:NOA) (NYSE:NOA) insider Joseph Charles Lambert purchased 5,900 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The shares were acquired at an average cost of C$6.20 per share, with a total value of C$36,580.00.
NOA stock traded down C$0.08 during midday trading on Friday, reaching C$6.77. 38,100 shares of the company’s stock traded hands, compared to its average volume of 22,015. North American Energy Partners, Inc. has a 1-year low of C$4.52 and a 1-year high of C$7.48.
North American Energy Partners (TSE:NOA) (NYSE:NOA) last released its earnings results on Tuesday, February 13th. The company reported C$0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.11 by C($0.02). The firm had revenue of C$82.05 million during the quarter, compared to analyst estimates of C$75.70 million. North American Energy Partners had a net margin of 2.99% and a return on equity of 6.80%.
A number of research firms recently weighed in on NOA. Raymond James Financial raised their price target on North American Energy Partners from C$7.00 to C$8.00 and gave the company an “outperform” rating in a report on Thursday, February 15th. National Bank Financial raised their price target on North American Energy Partners from C$11.50 to C$12.00 and gave the company an “outperform” rating in a report on Thursday, February 15th.
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About North American Energy Partners
North American Energy Partners Inc, through its subsidiaries, provides a range of mining and heavy construction services to customers in the resource development and industrial construction sectors, primarily in Western Canada. The company offers construction and operations support services through various stages of an oil sands project's lifecycle.
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