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How to buy Headwater Exploration (HWX) stocks

Learn how to easily invest in Headwater Exploration stocks.

Headwater Exploration is an oil & gas e&p business based in Canada. Headwater Exploration stocks (HWX.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$4.37 – an increase of 5.16% over the previous week. Headwater Exploration employs 18 staff and has a trailing 12-month revenue of around C$106.7 million.

How to buy shares in Headwater Exploration

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HWX – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Headwater Exploration stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Headwater Exploration's stock price?

Since the stock market crash in March caused by coronavirus, Headwater Exploration's stock price has had significant positive movement.

Its last market close was C$6.32, which is 79.43% up on its pre-crash value of C$1.3 and 643.53% up on the lowest point reached during the March crash when the stocks fell as low as C$0.85.

If you had bought C$1,000 worth of Headwater Exploration stocks at the start of February 2020, those stocks would have been worth C$792.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$5,056.00.

Headwater Exploration stock price (TO:HWX)

Use our graph to track the performance of HWX stocks over time.

Headwater Exploration shares at a glance

Information last updated 2022-01-17.
Latest market closeC$6.32
52-week rangeC$2.71 - C$6.55
50-day moving average C$5.08
200-day moving average C$4.44
Wall St. target priceC$7.41
PE ratio 37.4556
Dividend yield N/A (0%)
Earnings per share (TTM) C$0.17

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Headwater Exploration price performance over time

Historical closes compared with the close of C$6.32 from 2022-01-18

1 week (2022-01-12) 5.16%
1 month (2021-12-17) 28.72%
3 months (2021-10-19) 32.49%
6 months (2021-07-19) 79.04%
1 year (2021-01-19) 102.56%
2 years (2020-01-17) 375.19%
3 years (2019-01-18) 710.26%
5 years (2017-01-19) 1,230.53%

Is Headwater Exploration under- or over-valued?

Valuing Headwater Exploration stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Headwater Exploration's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Headwater Exploration's P/E ratio

Headwater Exploration's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, Headwater Exploration shares trade at around 37x recent earnings.

Headwater Exploration's EBITDA

Headwater Exploration's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$77 million.

The EBITDA is a measure of a Headwater Exploration's overall financial performance and is widely used to measure a its profitability.

Headwater Exploration financials

Revenue TTM C$106.7 million
Operating margin TTM 58.49%
Gross profit TTM C$4.8 million
Return on assets TTM 13.46%
Return on equity TTM 15.45%
Profit margin 32.64%
Book value C$1.46
Market capitalisation C$1.3 billion

TTM: trailing 12 months

Headwater Exploration share dividends

We're not expecting Headwater Exploration to pay a dividend over the next 12 months.

Headwater Exploration share price volatility

Over the last 12 months, Headwater Exploration's shares have ranged in value from as little as C$2.71 up to C$6.55. A popular way to gauge a stock's volatility is its "beta".

HWX.TO volatility(beta: 1.41)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Headwater Exploration's is 1.4132. This would suggest that Headwater Exploration's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Headwater Exploration overview

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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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