Analyst Price Target is C$9.54
▲ +51.70% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Headwater Exploration in the last 3 months. The average price target is C$9.54, with a high forecast of C$11.00 and a low forecast of C$8.75. The average price target represents a 51.70% upside from the last price of C$6.29.
Current Consensus is
Buy
The current consensus among 4 contributing investment analysts is to buy stock in Headwater Exploration. This Buy consensus rating has held steady for over two years.
Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. It holds interests in the McCully Field located to the northeast of Sussex, New Brunswick; the Clearwater play located in the Marten Hills, Alberta; and the Frederick Brook shale gas prospect 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.
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