AKITA Drilling Ltd. (AKT.A) Given Market Perform Rating at BMO Capital Markets

BMO Capital Markets reiterated their market perform rating on shares of AKITA Drilling Ltd. (TSE:AKT.A) in a research note published on Thursday morning. BMO Capital Markets currently has a C$9.00 target price on the stock.

AKITA Drilling (TSE AKT.A) opened at C$7.00 on Thursday. AKITA Drilling has a 12-month low of C$6.52 and a 12-month high of C$9.88.

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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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