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Company · Calgary · AB · Energy

Headwater Exploration Inc.

TSX: HWX ↗Be The Puck read ↓Calgary boardCalgary guide

Market read · Be The Puck

What the plays and the numbers say

Headwater Exploration (HWX) C$13.96 · +0.6% on the day · +90.3% in a year · close Oct 9, 2026

Where we think it’s heading

Leaning higher61 of 100 plays hold it; 14% above its 200-day average; analysts’ 12-month target +13% (5); crash exposure low.

Business fundamentals

Strong 72/100
Value42Growth88Quality87
Price and business agree.P/E 17.9×; revenue growth +58%; profit margin 31%; debt to equity 0.00×; dividend yield 3.4%.Scores 0–100 against every name Be The Puck covers; higher is better. Shown beside the call, not folded into it.
  • 61 of the 100 plays hold HWX right now.
  • The trend-following, momentum and volume plays mostly say in; the breakout plays mostly say out.
  • It closed 14% above its 200-day average and 4% below its 52-week high.
  • Crash exposure reads low: it is up 131% in two years, a run-up size that crashed about half the time in history.
  • Analysts' average 12-month target is C$15.80, 13% above the close (5 analysts).
Plays in61
Crash exposureLow2 of 10 on the storm test
Mayer Multiple1.14×Price ÷ its 200-day average (+14%). Higher than on 61% of days since 2005. Above 2.4 is Mayer's overheated zone.

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Analysis by Be The Puck: published trading rules and public data, rebuilt after each close. Education, not financial advice.

HWXHeadwater Exploration Inc.

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