Shares of Akita Drilling (TSE:AKT – Get Free Report) fell 1.7% during trading on Tuesday . The stock traded as low as C$3.34 and last traded at C$3.50. 656,001 shares changed hands during mid-day trading, an increase of 42,360% from the average session volume of 1,545 shares. The stock had previously closed at C$3.56.
Akita Drilling Stock Performance
Akita Drilling Company Profile
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. The Company manages its business through approximately two geographic regions, which include Canada and the United States. The Company specializes in the construction and retrofit of heavy oil pad drilling rigs associated with Steam Assisted Gravity Drainage (SAGD) operations.
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