Virtu Financial LLC Acquires Shares of 65,905 Westwater Resources, Inc. (NASDAQ:WWR)

Virtu Financial LLC bought a new position in shares of Westwater Resources, Inc. (NASDAQ:WWR) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 65,905 shares of the basic materials company’s stock, valued at approximately $34,000. Virtu Financial LLC owned about 0.11% of Westwater Resources as of its most recent filing with the Securities and Exchange Commission.

Separately, Geode Capital Management LLC boosted its stake in Westwater Resources by 9.3% in the 3rd quarter. Geode Capital Management LLC now owns 520,958 shares of the basic materials company’s stock valued at $269,000 after purchasing an additional 44,267 shares during the period. Institutional investors and hedge funds own 7.72% of the company’s stock.

Westwater Resources Stock Up 3.0 %

NASDAQ WWR opened at $0.53 on Friday. The firm has a 50-day moving average price of $0.57 and a two-hundred day moving average price of $0.53. Westwater Resources, Inc. has a 12-month low of $0.40 and a 12-month high of $0.70. The company has a market capitalization of $33.14 million, a P/E ratio of -4.08 and a beta of 1.57.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Westwater Resources in a report on Saturday, December 7th. They set a “sell” rating for the company.

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.