The Non-Executive of Headwater Exploration is Exercising Options

Today it was reported that the Non-Executive of Headwater Exploration (CDDRFResearch Report), Dave Lawrence Pearce, exercised options to sell 180,000 CDDRF shares for a total transaction value of $801K.

Following Dave Lawrence Pearce’s last CDDRF Sell transaction on March 09, 2020, the stock climbed by 2.6%.

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Based on Headwater Exploration’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $40.04 million and quarterly net profit of $4.59 million. In comparison, last year the company earned revenue of $565K and had a GAAP net loss of $1.68 million. Currently, Headwater Exploration has an average volume of 26.08K. The company has a one-year high of $3.92 and a one-year low of $0.94.

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Corridor Resources, Inc. engages in the exploration, development, and production of petroleum and natural gas. The firm has offices in Halifax and Calgary, and a field office in Penobsquis (near Sussex), New Brunswick where Corridor produces natural gas to Canadian and U.S. markets. Its portfolio includes McCully Field, Frederick Brook Shale, and New Brunswick The company was founded by Norman W. Miller, Paul J. Hopkins, and Charles M. MacDonald in March 1995 and is headquartered in Halifax, Canada.