AKITA Drilling (AKT.A) Stock Price, News & Analysis

Company Overview

AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada. AKITA Drilling Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.

Key Stats

• Today's Range: C$1.71 to C$1.75
• 50-Day Range: C$1.56 to C$1.76
• 52-Week Range: C$1.20 to C$1.87
• Volume: 2,237 shs
• Average Volume: 27,293 shs
• Market Capitalization: C$65.88 million
• P/E Ratio: 15.73
• Dividend Yield: 19.65%
• Price Target: C$3.75
• Consensus Rating: Buy

AKT.A Stock Analysis - Frequently Asked Questions

How have AKT.A shares performed this year?

AKITA Drilling's stock was trading at C$1.60 on January 1st, 2025. Since then, AKT.A stock has increased by 8.1% and is now trading at C$1.73.
View the best growth stocks for 2025 here.

How do I buy shares of AKITA Drilling?

Shares of AKT.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: N/A
• Current Symbol: TSE:AKT.A
• CUSIP: N/A
• CIK: N/A
• Web: www.akita-drilling.com
• Phone: +1-403-2927979
• Fax: N/A
• Employees: 1,068
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.75
• High Stock Price Target: C$3.75
• Low Stock Price Target: C$3.75
• Potential Upside/Downside: +116.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.11
• Trailing P/E Ratio: 15.73
• Forward P/E Ratio: 3.60
• P/E Growth: -0.69
• Net Income: C$4.87 million
• Net Margins: 2.60%
• Pretax Margin: N/A
• Return on Equity: 3.12%
• Return on Assets: -0.11%

Debt

• Debt-to-Equity Ratio: 33.94
• Current Ratio: 1.69
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: C$186.77 million
• Price / Sales: 0.35
• Cash Flow: C$0.15 per share
• Price / Cash Flow: 11.48
• Book Value: C$4.01 per share
• Price / Book: 0.43

Miscellaneous

• Outstanding Shares: 38,080,000
• Free Float: N/A
• Market Cap: C$65.88 million
• Optionable: Not Optionable
• Beta: 1.97