Is Westwater Resources the perfect stock for long-term investors?
Like many speculative mining plays, Westwater Resources hasn’t been a winner for long-term investors. Over the past five years, shares are down 98.45%.
Is WWR stock a losing proposition?
An easy look under the hood of WWR stock reveals what has been a losing proposition for everyone other than its employees, some fast-money algorithms and possibly a few daytraders. I’m not immune to a nice-looking pullback on the price chart.
Should you buy Westwater Resources stock now that it’s turning to graphite?
Earlier this year, a presidential decree led Westwater Resources (NASDAQ: WWR) to make a hard pivot toward graphite. But while this change may be good for the U.S., would-be WWR stock investors are urged to proceed with caution — or better yet, walk the other way.
Who is the new CEO of Westwater Resources?
CENTENNIAL, Colo., August 02, 2021--Westwater Resources, Inc. (NYSE American: WWR), a battery graphite development company, today announced the appointment of Chad M. Potter, a metals industry executive with almost two decades’ experience, as the company’s new Chief Operating Officer.
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Is Westwater resources a good investment?
The 1 analysts offering 12-month price forecasts for Westwater Resources Inc have a median target of 150.00, with a high estimate of 150.00 and a low estimate of 150.00. The median estimate represents a +13,413.51% increase from the last price of 1.11.
What does Westwater resources do?
Westwater Resources, Inc. explores and develops mineral resources essential to clean energy production. The Company focuses on exploration and production of lithium and uranium metals which are used in a wide range of battery and other industrial applications.
Who owns Westwater resources?
WESTWATER RESOURCES (NYSEMKT: WWR) is owned by 11.74% institutional shareholders, 75.22% WESTWATER RESOURCES insiders, and 13.05% retail investors. Austin W. Greenhouse David M. Marxe is the largest individual WESTWATER RESOURCES shareholder, owning 20.64M shares representing 43.74% of the company.
When did Westwater resources go public?
Westwater Resources was founded in 1977 and was known as Uranium Resources until 2017. The company went public in the '90s and was a uranium producer for a short period of time during the mid-2000s when uranium prices reached a record-high of $140 per pound.
Colorado mining company aiming to be an EV battery supplier names new CEO
The outgoing CEO helped guide the company through its big pivot from uranium to domestic graphite production.
Westwater Resources, Inc. Announces Year-End 2021 Results, Business Update and Management Succession Changes
CENTENNIAL, Colo., February 14, 2022--Westwater Resources, Inc. (NYSE American: WWR), a battery-grade, natural graphite development company ("Westwater" or the "Company"), is pleased to announce its year-end 2021 results and provide a business review, including the recently announced management succession changes.
Westwater Resources Announces Executive Management Changes
CENTENNIAL, Colo., February 09, 2022--Westwater Resources, Inc. (NYSE American: WWR), a battery-grade, natural graphite development company ("Westwater" or the "Company"), today announced the retirement of Christopher M. Jones, President and Chief Executive Officer (CEO) and member of the Board, effective February 25, 2022.
