Headwater Exploration Inc. (TSE:HWX - Free Report) - Equities researchers at Atb Cap Markets increased their Q1 2025 earnings estimates for Headwater Exploration in a research report issued to clients and investors on Thursday, April 17th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.22 per share for the quarter, up from their prior forecast of $0.18. The consensus estimate for Headwater Exploration's current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Headwater Exploration's Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.19 EPS, FY2025 earnings at $0.83 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.18 EPS, FY2026 earnings at $0.68 EPS and FY2027 earnings at $0.56 EPS.
A number of other analysts have also recently commented on the company. Raymond James upgraded Headwater Exploration from a "market perform" rating to an "outperform" rating in a research report on Tuesday, January 7th. CIBC reduced their price target on shares of Headwater Exploration from C$9.00 to C$8.50 in a research report on Thursday, April 10th. Finally, Desjardins lowered shares of Headwater Exploration from a "buy" rating to a "hold" rating and cut their target price for the company from C$8.25 to C$7.25 in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Headwater Exploration has an average rating of "Buy" and an average price target of C$8.69.
View Our Latest Research Report on Headwater Exploration
Headwater Exploration Stock Performance
HWX traded down C$0.09 during mid-day trading on Friday, reaching C$5.81. 482,413 shares of the company traded hands, compared to its average volume of 787,411. The company's fifty day moving average price is C$6.09 and its 200-day moving average price is C$6.56. The stock has a market capitalization of C$1.38 billion, a P/E ratio of 7.45, a P/E/G ratio of 0.83 and a beta of 1.55. The company has a quick ratio of 2.07, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. Headwater Exploration has a 52-week low of C$4.75 and a 52-week high of C$7.89.
About Headwater Exploration
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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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