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home / news releases / NOA - North American Construction Group: A Growth Curve Flattened By Margin Concerns

NOA - North American Construction Group: A Growth Curve Flattened By Margin Concerns

North American Construction Group Ltd.
  • NOA has set a strategy of diversification in the low capital intensity growth areas to increase its topline.
  • The company’s backlog decreased in June compared to the beginning of 2021, which suggests lower revenue visibility.
  • Its cash flows are unlikely to improve in the short term due to high inventory costs.
  • The stock is quite reasonably valued at the current level.

For further details see:

North American Construction Group: A Growth Curve Flattened By Margin Concerns
Stock Information
Company Name: North American Construction Group Ltd.
Stock Symbol: NOA
Market: NYSE
Website: nacg.ca
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