▲ +40.37% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Headwater Exploration in the last 3 months. The average price target is $5.25, with a high forecast of $6.00 and a low forecast of $4.50. The average price target represents a 40.37% upside from the last price of $3.74.
The current consensus among 5 contributing investment analysts is to buy stock in Headwater Exploration.
Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in Western Canadian Sedimentary Basin. The company explores for petroleum and natural gas onshore in New Brunswick. It holds interest in the McCully Field located to the northeast of Sussex, New Brunswick; and Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook Shale 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. is headquartered in Calgary, Canada.