Raymond James initiated coverage on shares of Headwater Exploration (OTCMKTS:CDDRF – Free Report) in a research report released on Friday morning, Benzinga reports. The brokerage issued a market perform rating and a $8.50 price objective on the stock.
Headwater Exploration Stock Performance
Shares of CDDRF stock opened at $4.64 on Friday. The business has a 50 day moving average of $4.89 and a two-hundred day moving average of $5.23. Headwater Exploration has a 52 week low of $4.30 and a 52 week high of $6.26.
Headwater Exploration Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $0.0724 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a yield of 5.96%.
About Headwater Exploration
Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.
Read More
- Five stocks we like better than Headwater Exploration
- Stock Splits, Do They Really Impact Investors?
- Is Spotify Stock Poised to Soar? Options Traders Think So
- How to Invest in Insurance Companies: A Guide
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- What Are Growth Stocks and Investing in Them
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
Receive News & Ratings for Headwater Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Headwater Exploration and related companies with MarketBeat.com's FREE daily email newsletter.
