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

Company Overview

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry. The company owns and operates over 30 drilling rigs It is also involved in the drilling related to potash mining and the development of storage caverns.

Key Stats

• Today's Range: C$1.65 to C$1.81
• 50-Day Range: C$1.44 to C$1.94
• 52-Week Range: C$1.20 to C$2.00
• Volume: 32,995 shs
• Average Volume: 19,937 shs
• Market Capitalization: C$63.97 million
• P/E Ratio: 15.27
• Dividend Yield: 20.24%
• 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 shares have increased by 5.0% and is now trading at C$1.68.
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
• 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: +120.6%
• 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: 15.45
• Forward P/E Ratio: 3.54
• 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: 0.42

Miscellaneous

• Outstanding Shares: 38,080,000
• Free Float: N/A
• Market Cap: C$64.74 million
• Optionable: Not Optionable
• Beta: 1.97