Analysts Set $1.50 Target Price for Westwater Resources Inc (WWR)

Westwater Resources Inc (NASDAQ:WWR) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus target price of $1.50 for the company, according to Zacks. Zacks has also assigned Westwater Resources an industry rank of 160 out of 255 based on the ratings given to its competitors.

Shares of NASDAQ:WWR opened at $0.20 on Wednesday. Westwater Resources has a 52 week low of $0.16 and a 52 week high of $1.26. The company has a market capitalization of $10.92 million, a price-to-earnings ratio of -0.21 and a beta of 1.02.

Westwater Resources (NASDAQ:WWR) last issued its earnings results on Thursday, August 9th. The basic materials company reported ($0.06) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.02.

About Westwater Resources

Westwater Resources, Inc operates as an energy metals exploration and development company. The company 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.

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