Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) was up 5.1% on Monday . The company traded as high as $5.48 and last traded at $5.48. Approximately 545 shares were traded during trading, a decline of 99% from the average daily volume of 57,944 shares. The stock had previously closed at $5.21.
Headwater Exploration Trading Up 5.1%
The business has a 50-day simple moving average of $5.18 and a two-hundred day simple moving average of $4.83.
Headwater Exploration Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.0808 per share. This represents a yield of 584.0%. This is a boost from Headwater Exploration’s previous dividend of $0.08. The ex-dividend date of this dividend is Monday, September 29th.
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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