Investment analysts at StockNews.com initiated coverage on shares of Westwater Resources (NASDAQ:WWR – Get Free Report) in a report issued on Thursday. The brokerage set a “sell” rating on the basic materials company’s stock.
Westwater Resources Stock Down 2.9 %
Shares of Westwater Resources stock opened at $0.54 on Thursday. The stock has a market capitalization of $31.10 million, a P/E ratio of -3.58 and a beta of 1.61. The stock has a 50 day moving average price of $0.52 and a two-hundred day moving average price of $0.49. Westwater Resources has a 12-month low of $0.40 and a 12-month high of $0.88.
Westwater Resources (NASDAQ:WWR – Get Free Report) last announced its earnings results on Wednesday, August 14th. The basic materials company reported ($0.07) earnings per share (EPS) 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 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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