3 exciting mining services (EHL MIN NWH) shares on my watch list
Tommaso Autorino | May 9, 2018 | More on: EHL MIN NWH
Mining services providers tend to grow when the resources sector is strong, but they can also be more resilient than miners to swings in commodity prices, if they are sufficiently diversified.
Here are three mining services shares on my watch list.
NRW Holdings Limited (ASX: NWH)
This civil construction and mining services business was traditionally based in Western Australia, but in 2017 the company expanded in Queensland with the acquisition of Golding. In the first half of FY18, NRW’s revenue nearly doubled on the previous corresponding period, reaching $345 million. That figure is expected to increase to $400 million in the second half, and the company has an order book of $2 billion.
The NRW share price climbed 130% higher in the past 12 months, despite being 2% down to $1.24 today.
3 exciting mining services (EHL MIN NWH) shares on my watch list...
Add NWH (ASX) to my watchlist
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Last
$3.90 |
Change
0.010(0.26%) |
Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.90 | $3.82 | $2.982M | 769.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1753 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 52914 | 9 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| NWH (ASX) Chart |
