16-07-2025
Headwater Exploration (CDDRF) Receives a Hold from RBC Capital
In a report released on July 14, Michael Harvey from RBC Capital maintained a Hold rating on Headwater Exploration, with a price target of C$9.00. The company's shares closed yesterday at $5.06.
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According to TipRanks, Harvey is a 5-star analyst with an average return of 17.0% and a 56.85% success rate. Harvey covers the Energy sector, focusing on stocks such as Peyto Exploration & Dev, ARC Resources, and Advantage Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Headwater Exploration with a $6.28 average price target.
CDDRF market cap is currently $1.21B and has a P/E ratio of 8.44.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CDDRF in relation to earlier this year.