Headwater Exploration Inc. (TSE:HWX - Get Free Report) Director Chandra Henry sold 20,000 shares of the firm's stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of C$7.86, for a total transaction of C$157,200.00.
Chandra Henry also recently made the following trade(s):
- On Thursday, March 28th, Chandra Henry sold 10,000 shares of Headwater Exploration stock. The stock was sold at an average price of C$7.70, for a total transaction of C$76,968.00.
Headwater Exploration Stock Up 1.4 %
HWX stock opened at C$8.47 on Friday. The company has a quick ratio of 2.07, a current ratio of 1.64 and a debt-to-equity ratio of 0.14. Headwater Exploration Inc. has a fifty-two week low of C$5.76 and a fifty-two week high of C$8.57. The firm's 50-day simple moving average is C$7.00 and its 200 day simple moving average is C$6.89. The stock has a market cap of C$2.00 billion, a PE ratio of 12.83, a price-to-earnings-growth ratio of 0.83 and a beta of 1.60.
Headwater Exploration (TSE:HWX - Get Free Report) last released its quarterly earnings data on Thursday, March 7th. The company reported C$0.19 earnings per share for the quarter, topping analysts' consensus estimates of C$0.18 by C$0.01. The business had revenue of C$138.43 million for the quarter. Headwater Exploration had a net margin of 36.68% and a return on equity of 27.05%. As a group, sell-side analysts predict that Headwater Exploration Inc. will post 0.7601586 EPS for the current year.
Headwater Exploration Dividend Announcement
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The business also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, March 27th. This represents a $0.40 annualized dividend and a yield of 4.72%. Headwater Exploration's payout ratio is 60.61%.
Wall Street Analysts Forecast Growth
A number of research firms have recently issued reports on HWX. Desjardins reduced their price target on shares of Headwater Exploration from C$10.00 to C$8.75 and set a "buy" rating on the stock in a research report on Tuesday, January 23rd. BMO Capital Markets set a C$9.00 price objective on shares of Headwater Exploration and gave the stock an "outperform" rating in a report on Thursday, March 21st. Raymond James dropped their price objective on shares of Headwater Exploration from C$10.00 to C$8.00 and set an "outperform" rating on the stock in a report on Friday, January 19th. Finally, Stifel Nicolaus increased their price objective on shares of Headwater Exploration from C$8.75 to C$10.00 in a report on Friday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$8.95.
Read Our Latest Analysis on HWX
About Headwater Exploration
(
Get Free Report)
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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