Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) announced a dividend on Tuesday, December 24th,investing.com reports. Stockholders of record on Wednesday, January 1st will be given a dividend of 0.0721 per share on Wednesday, January 15th. This represents a dividend yield of 6.54%. The ex-dividend date is Tuesday, December 31st.
Headwater Exploration Trading Up 3.1 %
Shares of CDDRF opened at $4.55 on Wednesday. Headwater Exploration has a one year low of $4.29 and a one year high of $6.26. The stock has a 50 day moving average price of $4.81 and a 200 day moving average price of $4.97.
Wall Street Analysts Forecast Growth
Separately, Raymond James initiated coverage on Headwater Exploration in a research report on Friday, October 18th. They set a “market perform” rating and a $8.50 price target 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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