Westwater Resources, Inc. (WWR)’s Stock Is Sell After Reaching 1 Year Low

March 14, 2018 - By Winifred Garcia

The stock of Westwater Resources, Inc. (NASDAQ:WWR) hit a new 52-week low and has $0.68 target or 6.00 % below today’s $0.72 share price. The 8 months bearish chart indicates high risk for the $20.11M company. The 1-year low was reported on Mar, 14 by Barchart.com. If the $0.68 price target is reached, the company will be worth $1.21M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock 0.50% or $0 during the last trading session, reaching $0.72. It is down 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

More notable recent Westwater Resources, Inc. (NASDAQ:WWR) news were published by: Globenewswire.com which released: “Westwater Resources Announces Optimized Business Plan for Graphite Battery …” on March 01, 2018, also Globenewswire.com with their article: “Westwater Resources Announces 2017 Results & Energy Minerals Business Update …” published on February 26, 2018, Globenewswire.com published: “Westwater Resources Announces Affirmative Vote by Alabama Graphite …” on March 14, 2018. More interesting news about Westwater Resources, Inc. (NASDAQ:WWR) were released by: Marketwatch.com and their article: “Westwater Resources Inc.” published on October 18, 2017 as well as Seekingalpha.com‘s news article titled: “Uranium Resources: An Intriguing Uranium And Lithium Play” with publication date: January 24, 2017.

Westwater Resources, Inc. operates as an energy metals exploration and development company. The company has market cap of $20.11 million. The firm holds interests in the 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. It currently has negative earnings. It also holds interests in various uranium projects in New Mexico and Texas, as well as in the Republic of Turkey; and owns the Rosita and Kingsville Dome processing facilities in Texas.

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