North American Energy Partners Inc. (TSE:NOA) (NYSE:NOA)’s share price traded up 3.1% during mid-day trading on Tuesday . The stock traded as high as C$6.60 and last traded at C$6.60. 4,675 shares were traded during trading, a decline of 75% from the average session volume of 18,414 shares. The stock had previously closed at C$6.40.
Several equities analysts have recently issued reports on the stock. Raymond James Financial lifted their target price on shares of 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 lifted their target price on shares of 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.
The company has a market cap of $165.44, a price-to-earnings ratio of 46.43 and a beta of 0.25.
In other news, insider North American Energy Partners purchased 177,000 shares of North American Energy Partners stock in a transaction that occurred on Thursday, January 18th. The stock was bought at an average price of C$6.29 per share, with a total value of C$1,113,330.00. Also, Director Bryan Daniel Pinney purchased 10,000 shares of North American Energy Partners stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average cost of C$4.25 per share, with a total value of C$42,500.00.
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 MarketBeat.com's FREE daily email newsletter.