Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) announced a dividend on Tuesday, December 24th,investing.com reports. Shareholders of record on Wednesday, January 1st will be given a dividend of 0.0721 per share on Wednesday, January 15th. This represents a yield of 6.54%. The ex-dividend date is Tuesday, December 31st.
Headwater Exploration Price Performance
Headwater Exploration stock opened at $4.55 on Thursday. Headwater Exploration has a fifty-two week low of $4.29 and a fifty-two week high of $6.26. The firm’s 50 day simple moving average is $4.81 and its 200-day simple moving average is $4.97.
Analyst Upgrades and Downgrades
Separately, Raymond James initiated coverage on Headwater Exploration in a research report on Friday, October 18th. They issued a “market perform” rating and a $8.50 target price for the company.
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.
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