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

Research analysts at StockNews.com initiated 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 Up 2.3 %

Shares of NASDAQ:WWR opened at $0.56 on Wednesday. The stock has a market cap of $33.02 million, a price-to-earnings ratio of -3.73 and a beta of 1.58. The business’s 50 day moving average is $0.55 and its 200 day moving average is $0.51. Westwater Resources has a 12-month low of $0.40 and a 12-month high of $0.78.

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

Westwater Resources Company Profile

(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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