Headwater Exploration (CDDRF) to Release Earnings on Thursday

Headwater Exploration (OTCMKTS:CDDRF) will likely be posting its results after the market closes on Thursday, April 30th. Analysts expect Headwater Exploration to post earnings of $0.0791 per share and revenue of $89.7930 million for the quarter.

Headwater Exploration Price Performance

Shares of OTCMKTS:CDDRF opened at $9.00 on Thursday. The business has a 50-day moving average price of $8.98 and a 200 day moving average price of $7.37. Headwater Exploration has a 12-month low of $4.02 and a 12-month high of $9.68.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Headwater Exploration in a research report on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Headwater Exploration has an average rating of “Moderate Buy”.

About Headwater Exploration

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.