Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report)’s share price traded up 1.8% during mid-day trading on Thursday . The company traded as high as $5.63 and last traded at $5.62. 36,952 shares were traded during mid-day trading, a decline of 34% from the average session volume of 56,306 shares. The stock had previously closed at $5.52.
Headwater Exploration Stock Up 1.8%
The stock has a fifty day moving average of $5.09 and a 200-day moving average of $4.69.
Headwater Exploration Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were issued a $0.0795 dividend. This is a positive change from Headwater Exploration’s previous dividend of $0.08. This represents a dividend yield of 608.0%. The ex-dividend date of this dividend was Monday, June 30th.
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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