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 Up 2.5 %
Shares of CDDRF opened at $4.75 on Friday. Headwater Exploration has a fifty-two week low of $4.30 and a fifty-two week high of $6.26. The firm’s 50 day moving average price is $4.89 and its 200 day moving average price is $5.22.
Headwater Exploration Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.0724 dividend. This represents a dividend yield of 5.96%. The ex-dividend date of this dividend was Friday, September 27th.
Headwater Exploration Company Profile
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.
See Also
- Five stocks we like better than Headwater Exploration
- The Basics of Support and Resistance
- Analysts Predict New Highs for Cybersecurity Stock by Christmas
- How to Calculate Stock Profit
- Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
- 3 Warren Buffett Stocks to Buy Now
- 2 Energy Stocks Surging on Billion-Dollar DOE Loan Commitments
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.
