Westwater Resources, Inc. (NASDAQ:WWR) traded at $4.52 at last check on Monday, Oct 26, making an upward move of 13.28% on its previous day’s price.
Looking at the stock we see that its previous close was $3.99 and the beta (5Y monthly) reads 1.88 with the day’s price range being $3.7500 – 4.7700. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, WWR has a high of $14.5 and a low of $0.25. The company’s stock has gained about 177.08% over that past 30 days.
On the other hand, looking at the outlook for the WWR stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Let’s briefly compare Westwater (WWR) stock to its peers. We find that today’s price change of +13.28% and +17.01% over the past 12 months for WWR betters that of Rio Tinto Plc (RIO), which has seen its stock price fall -1.92% in the latest trading session and is +14.57% over the last one year. Another of its peers Newmont Mining Corp (NEM) has dropped -0.45% today, and is +54.65% up over the past year, while Bhp Billiton Plc (BBL) is also up 13.28% yet its price remains in the green at 17.01% over the same period. Rio has a P/E ratio of 13.53 compared to Westwater’s 0 and Newmont’s 12.32. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -2.13% and -2.54%, respectively, in early deals.
Coming back to Westwater Resources, Inc. (NASDAQ:WWR), we note that the average 3-month trading volume was 12.87 Million, while that of the preceding 10-day period stands at 8.48 Million. Current shares outstanding are 11.68 Million.
According to data from Thomson Reuters, insiders hold 0.05% of the company’s shares while institutions hold 1.41%. The data shows that short shares as of September 29, 2020, stood at 1.51 Million at a short ratio of 0.23. This represents a 15.49% Short interest in Shares outstanding on September 29, 2020. Shares short dropped in September from the previous month at 212.71 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +89.1% up in year-to-date price movement.