TSE:CDH

Corridor Resources Stock Forecast, Price & News

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Today's Range N/A

50-Day Range

C$1.13

MA: C$1.38▼

C$1.38

52-Week Range N/A

Volume103,002 shs

Average Volume528,295 shs

Market CapitalizationC$99.61 million

P/E Ratio16.63

Dividend YieldN/A

BetaN/A

Corridor Resources Inc., a junior resource company, explores for, develops, and produces petroleum and natural gas. The company explores for petroleum and natural gas onshore in New Brunswick and Québec; and offshore in the Gulf of St. Lawrence. Its principal properties include the McCully Field located to the northeast of Sussex, New Brunswick; the Frederick Brook Shale located in the Elgin sub-basin in southern New Brunswick; and the Old Harry prospect located in the Gulf of St. Lawrence. As at December 31, 2017, the company had an interest in 38 net producing and nonproducing natural gas and oil wells. Corridor Resources Inc. was founded in 1983 and is headquartered in Halifax, Canada.

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:CDH

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.corridor.ca

Phone+1-902-4294511

Employees11

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.28

Current Ratio69.35

Quick Ratio67.53

Price-To-Earnings

Trailing P/E Ratio16.63

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$10.27 million

Price / Sales0.00

Cash FlowN/A

Price / Cash Flow1.44

Book ValueC$1.28 per share

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares88,147,000

Market CapC$99.61 million

Next Earnings DateN/A

OptionableNot Optionable

Headlines

Pembina Pipeline Corporation Extends Secured Growth with $1.3 Billion of New Integrated Infrastructure Development
September 7, 2020 | bloomberg.com

Wall Street Reporter Magazine Hosting 8th Annual 'Small-Cap Disc
August 9, 2020 | bloomberg.com

Headwater Exploration Inc. Announces Results of Directors Vote
June 15, 2020 | finance.yahoo.com

Corridor Resources Inc.
March 28, 2020 | www.barrons.com

Headwater Exploration Inc. (formerly Corridor Resources Inc.) Announces Closing of Financing and Appointment of Former Raging River Management Team
March 4, 2020 | finance.yahoo.com

Corridor Resources Inc. Announces Closing of Subscription Receipt Private Placement
February 11, 2020 | finance.yahoo.com

Corridor Resources Inc. provides update on previously announced financing
January 16, 2020 | finance.yahoo.com

How Did Corridor Resources Inc.'s (TSE:CDH) 6.6% ROE Fare Against The Industry?
January 14, 2020 | finance.yahoo.com

Is Now The Time To Put Corridor Resources (TSE:CDH) On Your Watchlist?
December 6, 2019 | finance.yahoo.com

Corridor Announces Third Quarter Results and Increased Cash Flow and Production Guidance for Winter 2019/2020
November 12, 2019 | finance.yahoo.com

IIROC Trading Halt - CDH
October 31, 2019 | finance.yahoo.com

Corridor Resources Launches a Strategic Review to Unlock Shareholder Value
October 31, 2019 | finance.yahoo.com

IIROC Trade Resumption - CDH
October 31, 2019 | finance.yahoo.com

Is Corridor Resources Inc. (TSE:CDH) Better Than Average At Deploying Capital?
October 9, 2019 | finance.yahoo.com

Investors Who Bought Corridor Resources (TSE:CDH) Shares Five Years Ago Are Now Down 66%
August 30, 2019 | finance.yahoo.com

Does Corridor Resources Inc.'s (TSE:CDH) CEO Pay Compare Well With Peers?
July 25, 2019 | finance.yahoo.com

Corridor Comments on Recent Developments in New Brunswick
June 6, 2019 | finance.yahoo.com

Corporate Presentation Available on Corridor Website and Shareholders Approve Resolutions at Annual Meeting
May 15, 2019 | finance.yahoo.com

Corridor Announces First Quarter Results
May 14, 2019 | finance.yahoo.com

Corridor Announces 2018 Year End Results and Reserves
March 28, 2019 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

0.69 out of 5 stars

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Corridor Resources.

2.8 Community Rank

Outperform Votes
Corridor Resources has received 88 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Corridor Resources has received 69 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Corridor Resources has received 56.05% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Corridor Resources and other stocks. Vote “Outperform” if you believe CDH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CDH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Corridor Resources does not currently pay a dividend.
Dividend Growth
Corridor Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Corridor Resources insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Corridor Resources is 16.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Corridor Resources is 16.63, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 3.39.

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Corridor Resources (TSE:CDH) Frequently Asked Questions

What stocks does MarketBeat like better than Corridor Resources?

Wall Street analysts have given Corridor Resources a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Corridor Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Who are Corridor Resources' key executives?

Corridor Resources' management team includes the following people:

Mr. Stephen John Moran, Pres, CEO & Director (Age 55)
Ms. Lisette F. Hachey, Chief Financial Officer
Dr. Albert Thomas Martel, Chief Geologist
Mr. Tom Banks, Sr. Engineering Consultant

Who are some of Corridor Resources' key competitors?

Some companies that are related to Corridor Resources include Touchstone Exploration (TXP), BlackPearl Resources (PXX), Eland Oil & Gas (ELA), Storm Resources (SRX), Cardinal Energy (CJ), Epsilon Energy (EPS), Jadestone Energy (JSE), EnQuest (ENQ), RockRose Energy PLC (RRE.L) (RRE), Harbour Energy (HBRIY), Jadestone Energy (JSE), Touchstone Exploration (TXP), Premier Oil (PMO), DXI Energy Inc. (DXI.TO) (DXI) and Africa Energy (AFE).
View all of CDH's competitors.

What other stocks do shareholders of Corridor Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corridor Resources investors own include Ionis Pharmaceuticals (IONS), Aurora Cannabis (ACB), Athabasca Oil (ATH), Cenovus Energy (CVE), Seven Generations Energy (VII), Air Canada (AC), Advantage Oil & Gas (AAV), Alamos Gold (AGI), ALJ Regional (ALJJ) and Aphria (APHA).

What is Corridor Resources' stock symbol?

Corridor Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CDH."

How do I buy shares of Corridor Resources?

Shares of CDH and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

How much money does Corridor Resources make?

Corridor Resources has a market capitalization of C$0.00 and generates C$10.27 million in revenue each year.

How many employees does Corridor Resources have?

Corridor Resources employs 11 workers across the globe.

What is Corridor Resources' official website?

The official website for Corridor Resources is www.corridor.ca.

Where are Corridor Resources' headquarters?

Corridor Resources is headquartered at 301-5475 Spring Garden Rd, HALIFAX, NS B3J 3T2, Canada.

How can I contact Corridor Resources?

Corridor Resources' mailing address is 301-5475 Spring Garden Rd, HALIFAX, NS B3J 3T2, Canada. The company can be reached via phone at +1-902-4294511.

This page was last updated on 4/22/2021 by MarketBeat.com Staff

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Corridor Resources Stock Forecast, Price & News

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Adding Corridor Resources Inc.

Industry, Sector and Symbol

Debt

Price-To-Earnings

Sales & Book Value

Profitability

Miscellaneous

Headlines

MarketRank™

Overall MarketRank™

0.0 Analyst's Opinion

Consensus Rating

2.8 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

0.0 Dividend Strength

Dividend Yield

Dividend Growth