StockNews.com initiated coverage on shares of Westwater Resources (NASDAQ:WWR – Free Report) in a research note released on Saturday. The firm issued a sell rating on the basic materials company’s stock.
Westwater Resources Price Performance
Shares of NASDAQ:WWR opened at $0.44 on Friday. The company has a market capitalization of $25.12 million, a price-to-earnings ratio of -2.93 and a beta of 1.65. The firm’s 50 day simple moving average is $0.48 and its 200 day simple moving average is $0.55. Westwater Resources has a fifty-two week low of $0.40 and a fifty-two week high of $1.07.
Westwater Resources (NASDAQ:WWR – Get Free Report) last announced its quarterly earnings results on Tuesday, March 19th. The basic materials company reported $0.04 earnings per share for the quarter.
About Westwater Resources
Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Coosa graphite project covering an area of approximately 41,965 acres situated in Coosa County, Alabama. The company was formerly known as Uranium Resources, Inc and changed its name to Westwater Resources, Inc in August 2017.
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