Headwater Exploration (CDDRF) Projected to Post Earnings on Monday

Headwater Exploration (OTCMKTS:CDDRF) is expected to be posting its quarterly earnings results before the market opens on Monday, March 17th. Analysts expect Headwater Exploration to post earnings of $0.19 per share and revenue of $151.80 million for the quarter.

Headwater Exploration Trading Down 2.2 %

Shares of CDDRF stock traded down $0.09 on Friday, hitting $4.15. The company’s stock had a trading volume of 30,641 shares, compared to its average volume of 62,879. The stock’s 50 day moving average is $4.67 and its 200-day moving average is $4.77. Headwater Exploration has a fifty-two week low of $3.89 and a fifty-two week high of $6.26.

Headwater Exploration Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were given a $0.0721 dividend. This represents a dividend yield of 6.54%. The ex-dividend date of this dividend was Tuesday, December 31st.

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.