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TSE:AKT.A

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

AKITA Drilling logo
C$1.67 -0.02 (-1.18%)
As of 01:53 PM Eastern

About AKITA Drilling Stock (TSE:AKT.A)

Key Stats

Today's Range
C$1.65
C$1.73
50-Day Range
C$1.44
C$1.94
52-Week Range
C$1.20
C$2.00
Volume
4,800 shs
Average Volume
18,824 shs
Market Capitalization
C$63.59 million
P/E Ratio
15.18
Dividend Yield
20.36%
Price Target
C$3.75
Consensus Rating
Buy

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.

AKITA Drilling Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
48th Percentile Overall Score

AKT.A MarketRank™: 

AKITA Drilling scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AKITA Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    AKITA Drilling has received no research coverage in the past 90 days.

  • Read more about AKITA Drilling's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AKITA Drilling is 15.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AKITA Drilling is 15.18, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 48.76.

  • Price to Earnings Growth Ratio

    Due to a projected decrease in earnings for AKITA Drilling, their PEG ratio cannot be calculated.

  • Price to Book Value per Share Ratio

    AKITA Drilling has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for AKT.A.
  • Dividend Leadership

    AKITA Drilling is a leading dividend payer. It pays a dividend yield of 19.77%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    AKITA Drilling does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of AKITA Drilling is 309.09%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about AKITA Drilling's dividend.
  • Short Interest

    There is no current short interest data available for AKT.A.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for AKITA Drilling this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, AKITA Drilling insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    17.55% of the stock of AKITA Drilling is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 21.01% of the stock of AKITA Drilling is held by institutions.

  • Read more about AKITA Drilling's insider trading history.
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AKT.A Stock News Headlines

Crypto’s crashing…but we’re still profiting
Most traders are panicking right now. Bitcoin’s dropping. Altcoins are bleeding. The stock market’s a mess. The news is screaming fear. But while most traders watch their portfolios tank…
Insider Stock Buying Reaches CA$2.73m On AKITA Drilling
See More Headlines

AKT.A Stock Analysis - Frequently Asked Questions

AKITA Drilling's stock was trading at C$1.60 on January 1st, 2025. Since then, AKT.A shares have increased by 4.4% and is now trading at C$1.67.
View the best growth stocks for 2025 here
.

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
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
+124.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
15.18
Forward P/E Ratio
3.48
P/E Growth
-0.69
Net Income
C$4.87 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$186.77 million
Cash Flow
C$0.15 per share
Price / Cash Flow
11.48
Book Value
C$4.01 per share
Price / Book
0.42

Miscellaneous

Free Float
N/A
Market Cap
C$63.59 million
Optionable
Not Optionable
Beta
1.97
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This page (TSE:AKT.A) was last updated on 4/25/2025 by MarketBeat.com Staff
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