Research Analysts Set Expectations for WWR FY2025 Earnings

Westwater Resources, Inc. (NASDAQ:WWR) – Equities research analysts at HC Wainwright boosted their FY2025 earnings estimates for shares of Westwater Resources in a report issued on Thursday, June 12th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will earn ($0.17) per share for the year, up from their previous estimate of ($0.19). HC Wainwright has a “Buy” rating and a $2.00 price target on the stock.

Separately, Wall Street Zen initiated coverage on shares of Westwater Resources in a research note on Wednesday, May 21st. They issued a “sell” rating on the stock.

Westwater Resources Stock Performance

Shares of Westwater Resources stock opened at $0.57 on Monday. The company has a market capitalization of $43.50 million, a P/E ratio of -4.38 and a beta of 1.06. Westwater Resources has a fifty-two week low of $0.45 and a fifty-two week high of $1.32. The company has a fifty day moving average of $0.51 and a 200 day moving average of $0.65.

Institutional Trading of Westwater Resources

Hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC lifted its stake 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 worth $40,000 after purchasing an additional 35,046 shares in the last quarter. Virtu Financial LLC lifted its stake in Westwater Resources by 29.1% in the 4th quarter. Virtu Financial LLC now owns 85,116 shares of the basic materials company’s stock worth $60,000 after purchasing an additional 19,211 shares in the last quarter. Squarepoint Ops LLC lifted its stake in Westwater Resources by 30.4% in the 4th quarter. Squarepoint Ops LLC now owns 177,965 shares of the basic materials company’s stock worth $126,000 after purchasing an additional 41,515 shares in the last quarter. Northern Trust Corp lifted its stake in Westwater Resources by 34.7% in the 4th quarter. Northern Trust Corp now owns 127,960 shares of the basic materials company’s stock worth $91,000 after purchasing an additional 32,952 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Westwater Resources by 536.3% in the 4th quarter. Renaissance Technologies LLC now owns 99,201 shares of the basic materials company’s stock worth $70,000 after purchasing an additional 83,611 shares in the last quarter. Hedge funds and other institutional investors own 7.72% of the company’s stock.

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.