Average Price Target: C$0.75
▼ -37.50% Downside Potential
This price target is based on 0 analysts offering 12 month price targets for AKITA Drilling in the last 3 months. The average price target is C$0.75, with a high forecast of C$0.75 and a low forecast of C$0.75. The average price target represents a -37.50% upside from the last price of C$1.20.
The current consensus among 0 contributing investment analysts is to n/a stock in AKITA Drilling. This rating has held steady since July 2020, when it changed from a Hold consensus rating.
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.