TSE:AKT.A AKITA Drilling (AKT.A) Stock Price, News & Analysis → The asset beating inflation by 4x (From Colonial Metals) (Ad) Free AKT.A Stock Alerts C$1.47 0.00 (0.00%) (As of 05/3/2024 ET) Add Compare Share Share Today's RangeC$1.46▼C$1.4750-Day RangeC$1.45▼C$1.8052-Week RangeC$1.08▼C$1.99Volume5,988 shsAverage Volume30,864 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 Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. 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 4, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.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 4, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.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 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 stock. Their AKT.A share price targets range from C$2.80 to C$2.80. On average, they anticipate the company's stock 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 beginning of 2024. Since then, AKT.A stock has 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 5/4/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldInvestors Alert: The Next Big Thing in Weight LossBehind the MarketsElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsStock-Picking AI Predicts #1 Stock of 2024AltimetryThe A.I. story nobody is telling you (Read ASAP)TradeSmith 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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