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AKITA Drilling TSX:AKT.B Stock Report

Last Price

CA$1.72

Market Cap

CA$59.6m

7D

0%

1Y

n/a

Updated

18 Apr, 2024

Data

Company Financials +

AKT.B Stock Overview

AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States.

AKT.B fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends0/6

AKITA Drilling Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AKITA Drilling
Historical stock prices
Current Share PriceCA$1.72
52 Week HighCA$2.20
52 Week LowCA$1.35
Beta1.99
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change-56.57%
Change since IPO164.62%

Recent News & Updates

Recent updates

Shareholder Returns

AKT.BCA Energy ServicesCA Market
7D0%-5.9%-1.9%
1Yn/a39.9%3.7%

Return vs Industry: Insufficient data to determine how AKT.B performed against the Canadian Energy Services industry.

Return vs Market: Insufficient data to determine how AKT.B performed against the Canadian Market.

Price Volatility

Is AKT.B's price volatile compared to industry and market?
AKT.B volatility
AKT.B Average Weekly Movementn/a
Energy Services Industry Average Movement5.2%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: AKT.B has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine AKT.B's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19641,068Colin Deasewww.akita-drilling.com

AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada.

AKITA Drilling Ltd. Fundamentals Summary

How do AKITA Drilling's earnings and revenue compare to its market cap?
AKT.B fundamental statistics
Market capCA$59.58m
Earnings (TTM)CA$18.42m
Revenue (TTM)CA$225.48m

3.2x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AKT.B income statement (TTM)
RevenueCA$225.48m
Cost of RevenueCA$167.03m
Gross ProfitCA$58.45m
Other ExpensesCA$40.04m
EarningsCA$18.42m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.46
Gross Margin25.92%
Net Profit Margin8.17%
Debt/Equity Ratio44.6%

How did AKT.B perform over the long term?

See historical performance and comparison
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