TSE:AKT.A AKITA Drilling (AKT.A) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free AKT.A Stock Alerts C$1.49 0.00 (0.00%) (As of 04/17/2024 ET) Add Compare Share Share Today's RangeC$1.48▼C$1.5150-Day RangeC$1.45▼C$1.8052-Week RangeC$1.08▼C$1.99Volume7,099 shsAverage Volume32,881 shsMarket CapitalizationC$56.71 millionP/E Ratio2.10Dividend Yield22.82%Price TargetC$2.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades Get AKITA Drilling alerts: Email Address AKITA Drilling MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside87.9% UpsideC$2.80 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.46 out of 5 stars 3.5 Analyst's Opinion Consensus RatingAKITA 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 CoverageAKITA Drilling has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for AKT.A. Previous Next 2.5 Dividend Strength Dividend LeadershipAKITA 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 GrowthAKITA Drilling does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AKITA Drilling is 47.89%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AKT.A. Previous Next 3.2 News and Social Media Coverage News SentimentAKITA Drilling has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for AKITA Drilling this week, compared to 0 articles on an average week.Search Interest1 people have searched for AKT.A on MarketBeat in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AKITA Drilling insiders have not sold or bought any company stock.Percentage Held by Insiders17.36% 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 InstitutionsOnly 22.02% of the stock of AKITA Drilling is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of AKITA Drilling is 2.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.75.Price to Earnings Ratio vs. SectorThe P/E ratio of AKITA Drilling is 2.10, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.36.Price to Earnings Growth RatioDue to a projected decrease in earnings for AKITA Drilling, their PEG ratio cannot be calculated.Price to Book Value per Share RatioAKITA Drilling has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 17, 2024 | americanbankingnews.comAKITA Drilling (TSE:AKT.A) Shares Pass Below Two Hundred 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 debtApril 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.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.April 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.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+87.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.71 Trailing P/E Ratio2.10 Forward P/E Ratio12.58 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 / Book0.38Miscellaneous Outstanding Shares38,060,000Free FloatN/AMarket CapC$56.71 million OptionableNot Optionable Beta1.99 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV 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 1 year price objectives for AKITA Drilling's shares. Their AKT.A share price targets range from C$2.80 to C$2.80. On average, they predict the company's share price to reach C$2.80 in the next year. This suggests a possible upside of 87.9% 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 on January 1st, 2024. Since then, AKT.A shares have increased by 8.8% and is now trading at C$1.49. 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 4/18/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap Profits[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe “Perfect Storm” for GoldGold Safe ExchangeTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBiden out June 13; Kamala won’t replace him?Paradigm PressYour Money is Not SafeAmerican AlternativeUrgent alert: open this for a huge profit potentialTimothy Sykes 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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