Westwater Resources (NASDAQ:WWR) Sees Strong Trading Volume

Shares of Westwater Resources Inc (NASDAQ:WWR) saw strong trading volume on Tuesday . 30,288,000 shares were traded during mid-day trading, an increase of 15,407% from the previous session’s volume of 195,316 shares.The stock last traded at $4.85 and had previously closed at $2.91.

Separately, ValuEngine raised Westwater Resources from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.56 and a quick ratio of 0.56. The company has a 50 day moving average price of $3.11 and a 200 day moving average price of $3.97.

Westwater Resources (NASDAQ:WWR) last issued its earnings results on Wednesday, August 7th. The basic materials company reported ($1.81) EPS for the quarter.

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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