S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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AKITA Drilling Stock Forecast, Price & News

+0.06 (+5.83 %)
(As of 03/5/2021 12:00 AM ET)
Today's Range
Now: C$1.09
50-Day Range
MA: C$0.68
52-Week Range
Now: C$1.09
Volume302,201 shs
Average Volume49,621 shs
Market CapitalizationC$41.37 million
P/E RatioN/A
Dividend Yield19.77%
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.


AKITA Drilling Ltd
March 27, 2020 |  www.bloomberg.com
Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?
September 19, 2019 |  finance.yahoo.com
Darcy Reynolds
May 20, 2019 |  www.bloomberg.com
See More Headlines

Industry, Sector and Symbol

Industry Oil & Gas Drilling
Year FoundedN/A



Sales & Book Value

Annual SalesC$140.60 million
Cash FlowC$0.17 per share
Book ValueC$4.56 per share



Market CapC$41.37 million
Next Earnings DateN/A
OptionableNot Optionable


Overall MarketRank

0.86 out of 5 stars

Analyst Opinion: 0.0Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
+0.06 (+5.83 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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AKITA Drilling (TSE:AKT.A) Frequently Asked Questions

What stocks does MarketBeat like better than AKITA Drilling?

Wall Street analysts have given AKITA Drilling a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but AKITA Drilling wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has AKITA Drilling's stock price been impacted by Coronavirus (COVID-19)?

AKITA Drilling's stock was trading at C$0.70 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AKT.A shares have increased by 55.7% and is now trading at C$1.09.
View which stocks have been most impacted by COVID-19

What price target have analysts set for AKT.A?

0 brokerages have issued 1 year price objectives for AKITA Drilling's stock. Their forecasts range from C$0.65 to C$0.75. On average, they anticipate AKITA Drilling's stock price to reach C$0.70 in the next year. This suggests that the stock has a possible downside of 35.8%.
View analysts' price targets for AKITA Drilling
or view top-rated stocks among Wall Street analysts.

Who are AKITA Drilling's key executives?

AKITA Drilling's management team includes the following people:
  • Mr. Karl A. Ruud, Pres, CEO & Director (Age 65)
  • Mr. Darcy Reynolds, VP of Fin. & CFO (Age 43)
  • Mr. Colin A. Dease, VP, Corp. Sec. & Legal Counsel (Age 44)
  • Mr. Raymond T. Coleman, Sr. VP & MD of US Operations (Age 52)
  • Mr. Fred O. Hensel, VP of Canadian Operations (Age 58)

Who are some of AKITA Drilling's key competitors?

What is AKITA Drilling's stock symbol?

AKITA Drilling trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AKT.A."

How do I buy shares of AKITA Drilling?

Shares of AKT.A 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.

What is AKITA Drilling's stock price today?

One share of AKT.A stock can currently be purchased for approximately C$1.09.

How much money does AKITA Drilling make?

AKITA Drilling has a market capitalization of C$41.37 million and generates C$140.60 million in revenue each year.

How many employees does AKITA Drilling have?

AKITA Drilling employs 1,085 workers across the globe.

What is AKITA Drilling's official website?

The official website for AKITA Drilling is www.akita-drilling.com.

Where are AKITA Drilling's headquarters?

AKITA Drilling is headquartered at 1000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada.

How can I contact AKITA Drilling?

AKITA Drilling's mailing address is 1000-333 7 Ave SW, CALGARY, AB T2P 2Z1, Canada. The company can be reached via phone at +1-403-2927979.

This page was last updated on 3/7/2021 by MarketBeat.com Staff

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