Westwater Resources (WWR) Hits New 12-Month Low at $3.50

Westwater Resources Inc (NASDAQ:WWR)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $3.50 and last traded at $3.91, with a volume of 12726 shares changing hands. The stock had previously closed at $4.11.

WWR has been the subject of a number of research analyst reports. ValuEngine upgraded shares of Westwater Resources from a “hold” rating to a “buy” rating in a research report on Wednesday, April 24th. Zacks Investment Research upgraded shares of Westwater Resources from a “hold” rating to a “buy” rating and set a $0.25 price objective for the company in a research report on Friday, February 22nd.

The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $6.72 million, a price-to-earnings ratio of -0.35 and a beta of 1.15.

Westwater Resources (NASDAQ:WWR) last posted its earnings results on Wednesday, May 8th. The basic materials company reported ($2.15) earnings per share for the quarter.

A hedge fund recently bought a new stake in Westwater Resources stock. Bank of New York Mellon Corp acquired a new stake in Westwater Resources Inc (NASDAQ:WWR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 182,161 shares of the basic materials company’s stock, valued at approximately $26,000. Bank of New York Mellon Corp owned about 0.27% of Westwater Resources as of its most recent filing with the SEC. 1.93% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by Modern Readers and is the sole property of of Modern Readers. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://www.modernreaders.com/news/2019/05/18/westwater-resources-wwr-hits-new-12-month-low-at-3-50.html.

About Westwater Resources (NASDAQ:WWR)

Westwater Resources, Inc operates as a diversified energy materials development company. The company's principal project is the Coosa graphite project covering an area of approximately 41,964 acres situated in east-central Alabama. It also holds interest in three lithium brine exploration projects, which include Columbus Basin project in western Nevada; the Railroad Valley project in east-central Nevada; and the Sal Rica Project in northwestern Utah.

Featured Article: What is the Beige Book?

Receive News & Ratings for Westwater Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwater Resources and related companies with MarketBeat.com's FREE daily email newsletter.