Westwater Resources (NASDAQ:WWR) Trading Down 4%

Westwater Resources Inc (NASDAQ:WWR)’s share price traded down 4% during trading on Friday . The stock traded as low as $6.52 and last traded at $6.71. 3,567 shares were traded during trading, a decline of 92% from the average session volume of 43,805 shares. The stock had previously closed at $6.99.

Several equities analysts recently commented on the stock. ValuEngine raised shares of Westwater Resources from a “hold” rating to a “buy” rating in a research note on Wednesday, April 24th. Zacks Investment Research raised shares of Westwater Resources from a “hold” rating to a “buy” rating and set a $0.25 price objective for the company in a research note on Friday, February 22nd.

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.83 and a quick ratio of 0.83.

Westwater Resources (NASDAQ:WWR) last released its quarterly earnings results on Wednesday, May 8th. The basic materials company reported ($2.15) EPS for the quarter.

An institutional investor recently bought a new position in Westwater Resources stock. Bank of New York Mellon Corp acquired a new stake in Westwater Resources Inc (NASDAQ:WWR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 182,161 shares of the basic materials company’s stock, valued at approximately $26,000. Bank of New York Mellon Corp owned approximately 0.27% of Westwater Resources as of its most recent filing with the SEC.

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Westwater Resources Company Profile (NASDAQ:WWR)

Westwater Resources, Inc operates as a diversified energy materials development company. The company's principal project is the Coosa graphite project covering an area of approximately 41,964 acres situated in east-central Alabama. It also holds interest in three lithium brine exploration projects, which include Columbus Basin project in western Nevada; the Railroad Valley project in east-central Nevada; and the Sal Rica Project in northwestern Utah.

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