Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) traded up 0.6% on Thursday . The company traded as high as $10.00 and last traded at $10.00. Approximately 30,651 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 83,289 shares. The stock had previously closed at $9.94.
Analysts Set New Price Targets
Several research firms recently weighed in on CDDRF. Raymond James Financial restated a “market perform” rating on shares of Headwater Exploration in a research report on Wednesday. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Headwater Exploration in a research report on Friday, July 24th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Headwater Exploration in a research note on Monday, July 27th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on CDDRF
Headwater Exploration Price Performance
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. Headwater Exploration Inc incorporated in 1996 and is headquartered in Calgary, Canada.
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