<div id="readability-page-1">11:27 AM EST, 12/19/2025 (MT Newswires) -- BMO Capital Markets on Friday maintained North American Construction Group's ( NOA ) outperform rating and C$25 price target.The company recently announced the acquisition of Iron Mine Contracting (IMC), a Western Australia-based mining services contractor, for $115 million.BMO said NOA's expanded presence into Australia is positive for the company but believes that its 2026 guidance implies slightly lower oil sands work next year.&#34;That said, the company holds strong tailwinds across Australia, while potential expansion opportunities into infrastructure, minerals and defense in North America appear to be picking up,&#34; BMO said.NOA traded at $18.32 per share at last look on the Toronto Stock Exchange.Price: 18.59, Change: -0.44, Percent Change: -2.31 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

北美建築

BMO 資本市場對北美建築集團（NOA）維持 “跑贏大盤” 評級，並將其目標價定為 25 加元，此次是在其以 1.15 億美金收購 Iron Mine Contracting 之後。BMO 對 NOA 擴展至澳大利亞持積極態度，但指出 2026 年油砂工作的略微減少。預計該公司將在北美的基礎設施、礦產和國防領域受益。NOA 的股票在多倫多證券交易所最新報 18.32 美元，下跌 2.31%

BMO 維持對北美建築集團的跑贏大盤評級，目標價定為 25 加元