Shares of North American Energy Partners Inc. (NYSE:
NOA) are seeing a huge rally in trading today after the Canada-based company
announced that it will resume overburden removal operations at Canadian Natural
Resources Limited’s Horizon Mine under the terms a recently signed Memorandum
of Understanding between North American Energy’s wholly-owned subsidiary and
Canadian Natural Resources Ltd.
North American Energy shares rose to an intra-day
high of $7.05 in trading today. At last check, the stock was up more than 30%
on above average volume. The rally has pushed North American Energy shares
above their 50-day moving average.
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Partners Inc. please click here…
