TSE:AKT.A AKITA Drilling (AKT.A) Stock Price, News & Analysis → The AI stock to buy right now (From StockEarnings) (Ad) Free akt.a Stock Alerts C$1.47 -0.02 (-1.34%) (As of 05/2/2024 ET) Add Compare Share Share Today's RangeC$1.46▼C$1.4950-Day RangeC$1.45▼C$1.8052-Week RangeC$1.08▼C$1.99Volume4,860 shsAverage Volume31,154 shsMarket CapitalizationC$55.95 millionP/E Ratio2.07Dividend Yield23.13%Price TargetC$2.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get AKITA Drilling alerts: Email Address Ad Stansberry ResearchThe Long-Awaited End of America UpdateA 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.Click here to find out for free. About AKITA Drilling Stock (TSE:AKT.A)AKITA Drilling Ltd. provides provides contract drilling services in Canada and the United States. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-built drilling rigs; and conventional, directional, horizontal, and underbalanced drilling, as well as provides specialized drilling services. As of December 31, 2018, the company had 17 wholly owned and operated drilling rigs in Canada; and 17 drilling rigs in the United States. It serves independent and multinational oil and gas companies. AKITA Drilling Ltd. was founded in 1964 and is headquartered in Calgary, Canada.Read More AKT.A Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AKT.A Stock News HeadlinesApril 25, 2024 | americanbankingnews.comAKITA Drilling (TSE:AKT.A) Stock Passes Below 200 Day Moving Average of $1.51March 21, 2024 | sg.finance.yahoo.comAKITA announces 2023 annual results with net income of $18.4 million and repayment of $24 million in debtMay 3, 2024 | StockEarnings (Ad)The AI stock to buy right nowThere are about 350,000 large corporations worldwide. Can you see the potential for this AI company to grow like crazy?February 27, 2024 | finance.yahoo.comReturns Are Gaining Momentum At AKITA Drilling (TSE:AKT.A)February 14, 2024 | wsj.comAkita Drilling Ltd. Cl AJanuary 11, 2024 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV flat on Thursday (AKT-A)December 14, 2023 | theglobeandmail.comAkita Drilling: Top 10 Undervalued Energy Sector Stocks on TSX (AKT-B)November 1, 2023 | ca.finance.yahoo.comAKITA announces third quarter results and net income of $3.9 million for the quarter.May 3, 2024 | StockEarnings (Ad)The AI stock to buy right nowThere are about 350,000 large corporations worldwide. Can you see the potential for this AI company to grow like crazy?September 20, 2023 | finance.yahoo.comAKITA Drilling (TSE:AKT.A) Is Experiencing Growth In Returns On CapitalAugust 10, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV up on Wednesday (AKT-A)May 4, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV down on Thursday (AKT-A)May 3, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV flat on Wednesday (AKT-A)May 1, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV down on Monday (AKT-A)April 28, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV up on Friday (AKT-A)April 15, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV down on Friday (AKT-A)April 13, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV up on Thursday (AKT-A)April 11, 2023 | theglobeandmail.comClosing Bell: Akita Drilling Ltd Cl A NV up on Tuesday (AKT-A)November 9, 2022 | ca.finance.yahoo.comAKITA Drilling Ltd. (AKT-B.TO)October 20, 2022 | theglobeandmail.comAkita Drilling: Top 10 Undervalued Energy Sector Stocks on TSX (AKT-A)May 17, 2022 | nz.finance.yahoo.comAKITA Drilling (TSE:AKT.A) jumps 11% this week, taking one-year gains to 151%April 5, 2022 | theglobeandmail.comTuesday’s Insider Report: Chair invests $2.4-million in this stock that’s up 30% in the past weekMarch 14, 2022 | yahoo.comAKITA announces 2021 annual resultsSee More Headlines Receive AKT.A Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AKITA Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeTSE SectorOils/Energy Industry Oil & Gas Drilling Sub-IndustryN/A Current SymbolTSE:AKT.A CUSIPN/A CIKN/A Webwww.akita-drilling.com Phone+1-403-2927979FaxN/AEmployees1,085Year FoundedN/APrice Target and Rating Average Stock Price TargetC$2.80 High Stock Price TargetC$2.80 Low Stock Price TargetC$2.80 Potential Upside/Downside+90.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.71 Trailing P/E Ratio2.07 Forward P/E Ratio12.41 P/E Growth-0.69Net IncomeC$18.41 million Net Margins8.17% Pretax MarginN/A Return on Equity12.53% Return on Assets3.25% Debt Debt-to-Equity Ratio45.15 Current Ratio1.85 Quick Ratio1.54 Sales & Book Value Annual SalesC$225.48 million Price / Sales0.25 Cash FlowC$0.13 per share Price / Cash Flow11.48 Book ValueC$3.93 per share Price / Book0.37Miscellaneous Outstanding Shares38,060,000Free FloatN/AMarket CapC$55.95 million OptionableNot Optionable Beta1.99 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Karl A. Ruud (Age 65)Pres, CEO & Director Mr. Darcy Reynolds (Age 43)VP of Fin. & CFO Mr. Colin A. Dease (Age 44)VP, Corp. Sec. & Legal Counsel Mr. Raymond T. Coleman (Age 52)Sr. VP & MD of US Operations Mr. Fred O. Hensel (Age 58)VP of Canadian Operations Key CompetitorsQ InvestmentsCVE:QIXtreme DrillingTSE:XDCAveda Transportation and Energy ServicesCVE:AVEPan Orient EnergyCVE:POEIkkuma Resources Corp. (IKM.V)CVE:IKMView All Competitors AKT.A Stock Analysis - Frequently Asked Questions Should I buy or sell AKITA Drilling stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AKITA Drilling in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AKT.A shares. View AKT.A analyst ratings or view top-rated stocks. What is AKITA Drilling's stock price target for 2024? 1 Wall Street research analysts have issued twelve-month price targets for AKITA Drilling's stock. Their AKT.A share price targets range from C$2.80 to C$2.80. On average, they anticipate the company's share price to reach C$2.80 in the next twelve months. This suggests a possible upside of 90.5% from the stock's current price. View analysts price targets for AKT.A or view top-rated stocks among Wall Street analysts. How have AKT.A shares performed in 2024? AKITA Drilling's stock was trading at C$1.37 at the start of the year. Since then, AKT.A shares have increased by 7.3% and is now trading at C$1.47. View the best growth stocks for 2024 here. Is AKITA Drilling a good dividend stock? AKITA Drilling (TSE:AKT.A) pays an annual dividend of C$0.34 per share and currently has a dividend yield of 19.77%. AKT.A has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.89%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for AKT.A. 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.Compare Top Brokerages Here. This page (TSE:AKT.A) was last updated on 5/3/2024 by MarketBeat.com Staff From Our PartnersThe AI stock to buy right nowStockEarningsCould Your Accounts Be Frozen?Allegiance GoldUrgent Nvidia WarningAltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmith$5,000 Gold?Stansberry ResearchBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressBill Gates is all about this tiny $2 stockTimothy SykesNew Trump BombshellThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AKITA Drilling Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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