Westwater Resources, Inc. (NASDAQ:WWR – Get Rating) Director Terence James Cryan bought 16,000 shares of the stock in a transaction dated Wednesday, May 18th. The stock was purchased at an average cost of $1.14 per share, for a total transaction of $18,240.00. Following the acquisition, the director now owns 171,476 shares of the company’s stock, valued at $195,482.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of WWR opened at $1.16 on Friday. The company has a 50-day moving average of $1.54 and a two-hundred day moving average of $2.13. Westwater Resources, Inc. has a 12-month low of $1.00 and a 12-month high of $5.70.
Institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC raised its position in shares of Westwater Resources by 351.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,044,569 shares of the basic materials company’s stock valued at $2,246,000 after buying an additional 812,967 shares during the last quarter. Maven Securities LTD purchased a new stake in Westwater Resources during the first quarter worth approximately $400,000. Citigroup Inc. purchased a new stake in Westwater Resources during the first quarter worth approximately $232,000. Virtu Financial LLC purchased a new position in shares of Westwater Resources in the first quarter valued at $128,000. Finally, Two Sigma Advisers LP purchased a new position in shares of Westwater Resources in the third quarter valued at $92,000. Institutional investors own 11.93% of the company’s stock.
Westwater Resources Company Profile (Get Rating)
Westwater Resources, Inc operates as an energy materials developer. 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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