StockNews.com Initiates Coverage on Westwater Resources (NASDAQ:WWR)

Analysts at StockNews.com began coverage on shares of Westwater Resources (NASDAQ:WWRGet Free Report) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the basic materials company’s stock.

Westwater Resources Stock Performance

Westwater Resources stock opened at $0.52 on Wednesday. The stock has a market capitalization of $30.04 million, a P/E ratio of -3.46 and a beta of 1.61. The company’s fifty day moving average price is $0.51 and its 200 day moving average price is $0.49. Westwater Resources has a 1 year low of $0.40 and a 1 year high of $0.88.

Westwater Resources (NASDAQ:WWRGet Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The basic materials company reported ($0.07) earnings per share for the quarter.

About Westwater Resources

(Get Free Report)

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.

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