Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) shares shot up 0.2% on Monday . The stock traded as high as $5.28 and last traded at $5.13. 27,127 shares traded hands during trading, a decline of 55% from the average session volume of 60,563 shares. The stock had previously closed at $5.12.
Headwater Exploration Stock Performance
The firm’s 50 day moving average is $4.79 and its two-hundred day moving average is $4.58.
Headwater Exploration Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $0.0795 per share. This is a positive change from Headwater Exploration’s previous dividend of $0.08. The ex-dividend date of this dividend is Monday, June 30th. This represents a yield of 6.08%.
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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