AKITA Drilling (TSE:AKT.A) had its price objective reduced by BMO Capital Markets from C$9.00 to C$8.50 in a research note issued to investors on Friday morning. They currently have a market perform rating on the stock.
AKITA Drilling (TSE:AKT.A) opened at C$7.28 on Friday. The stock has a market capitalization of $131.54, a PE ratio of -7.51 and a beta of 0.46. AKITA Drilling has a 52-week low of C$6.52 and a 52-week high of C$9.23.
About AKITA Drilling
AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada.
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