HC Wainwright Has Strong Estimate for WWR FY2025 Earnings

Westwater Resources, Inc. (NASDAQ:WWRFree Report) – Stock analysts at HC Wainwright lifted their FY2025 earnings per share (EPS) estimates for shares of Westwater Resources in a research note issued on Thursday, June 12th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will post earnings per share of ($0.17) for the year, up from their prior forecast of ($0.19). HC Wainwright currently has a “Buy” rating and a $2.00 price target on the stock.

Separately, Wall Street Zen started coverage on Westwater Resources in a report on Wednesday, May 21st. They issued a “sell” rating on the stock.

Check Out Our Latest Analysis on WWR

Westwater Resources Stock Up 9.9%

Shares of WWR opened at $0.61 on Monday. Westwater Resources has a 12-month low of $0.45 and a 12-month high of $1.32. The business’s fifty day moving average is $0.51 and its 200 day moving average is $0.65. The stock has a market cap of $46.70 million, a P/E ratio of -4.70 and a beta of 1.06.

Institutional Investors Weigh In On Westwater Resources

A number of institutional investors and hedge funds have recently bought and sold shares of WWR. Jane Street Group LLC raised its position in Westwater Resources by 165.3% in the 4th quarter. Jane Street Group LLC now owns 56,249 shares of the basic materials company’s stock valued at $40,000 after buying an additional 35,046 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Westwater Resources during the 1st quarter valued at $55,000. Virtu Financial LLC increased its position in shares of Westwater Resources by 29.1% during the 4th quarter. Virtu Financial LLC now owns 85,116 shares of the basic materials company’s stock valued at $60,000 after purchasing an additional 19,211 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Westwater Resources by 536.3% during the 4th quarter. Renaissance Technologies LLC now owns 99,201 shares of the basic materials company’s stock valued at $70,000 after purchasing an additional 83,611 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its position in shares of Westwater Resources by 53.0% during the 1st quarter. Pinnacle Associates Ltd. now owns 133,900 shares of the basic materials company’s stock valued at $74,000 after purchasing an additional 46,400 shares during the last quarter. 7.72% of the stock is owned by hedge funds and other institutional investors.

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.

See Also

Receive News & Ratings for Westwater Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Westwater Resources and related companies with MarketBeat.com's FREE daily email newsletter.