Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report)’s stock price dropped 0.2% during mid-day trading on Thursday . The stock traded as low as $9.32 and last traded at $9.39. Approximately 57,617 shares traded hands during trading, a decline of 13% from the average daily volume of 66,408 shares. The stock had previously closed at $9.41.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reissued an “outperform” rating on shares of Headwater Exploration in a report on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Headwater Exploration currently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Headwater Exploration
Headwater Exploration Stock Down 0.2%
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. Headwater Exploration Inc incorporated in 1996 and is headquartered in Calgary, Canada.
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