Westwater Resources is focused on developing battery-grade graphite to serve green energy markets such as electric vehicles and grid electrical storage for renewable energy, in addition to alkaline power cell and other battery markets. The Company's battery-grade graphite projects include the Coosa Graphite Project - the most advanced, natural flake graphite project in the contiguous United States - and the associated Coosa Graphite Mine located across 41,900 acres (~17,000 hectares) in east-central Alabama. Operation of the pilot plant is underway and is scheduled to produce ULTRA-PMGTM, ULTRA-DEXDGTM and ULTRA-CSPGTM in quantities that facilitate qualification testing at potential customers.

Company profile
Ticker
WWR
Exchange
Website
CEO
Christopher Jones
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
URANIUM RESOURCES INC /DE/
SEC CIK
Corporate docs
Subsidiaries
URI Neutron Holdings • Anatolia Energy Limited • Anatolia Uranium (BVI) Ltd • Anatolia Uranium Pty Ltd • Adur Madencilik Ltd • Lithium Holdings • Alabama Graphite Corp. • Alabama Graphite Company, Inc. ...
IRS number
752212772
WWR stock data
News

This Financial Services Stock Surged Around 116%; Here Are 86 Biggest Movers From Yesterday
16 Aug 22
Why Viridian Therapeutics Is Trading Higher By Around 58%, Here Are 67 Stocks Moving In Monday's Mid-Day Session
15 Aug 22
Why Is Turquoise Hill Resources Down By 18%: Here Are 31 Stocks Moving Premarket
15 Aug 22
Westwater Resources Q2 EPS $(0.07) Up From $(0.11) YoY
11 Aug 22
Earnings Scheduled For August 11, 2022
11 Aug 22
Press releases
Westwater Resources, Inc. Announces Results for Second Quarter Ended June 30, 2022
11 Aug 22
Westwater Resources Announces Second Quarter/Six Months Conference Call
26 Jul 22
Westwater Resources to Participate in a Fireside Chat Monday, June 27, 2022, at 10:00 am EDT
23 Jun 22
Westwater Resources Announces Executive Management Changes
23 Jun 22
Westwater Resources Receives Air Permit for Kellyton Graphite Processing Plant
8 Jun 22
Investment data
Securities sold
Number of investors
Calendar
10 Aug 22
18 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 109.04M | 109.04M | 109.04M | 109.04M | 109.04M | 109.04M |
Cash burn (monthly) | 2.32M | 841.67K | 1.08M | 1.11M | 1.07M | 1.14M |
Cash used (since last report) | 3.82M | 1.39M | 1.78M | 1.83M | 1.76M | 1.88M |
Cash remaining | 105.22M | 107.65M | 107.26M | 107.21M | 107.27M | 107.16M |
Runway (months of cash) | 45.4 | 127.9 | 99.1 | 96.5 | 100.3 | 93.9 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 May 22 | Deborah A Peacock | Common Stock | Buy | Acquire P | No | No | 1.13 | 25,000 | 28.25K | 249,620 |
20 May 22 | Deborah A Peacock | Common Stock | Buy | Acquire P | No | No | 1.14 | 25,000 | 28.5K | 224,620 |
20 May 22 | Deborah A Peacock | Common Stock | Buy | Acquire P | No | No | 1.16 | 25,000 | 29K | 199,620 |
20 May 22 | Deborah A Peacock | Common Stock | Buy | Acquire P | No | No | 1.18 | 25,000 | 29.5K | 174,620 |
20 May 22 | Deborah A Peacock | Common Stock | Buy | Acquire P | No | No | 1.2 | 25,000 | 30K | 149,620 |
20 May 22 | Deborah A Peacock | Common Stock | Buy | Acquire P | No | No | 1.26 | 25,000 | 31.5K | 124,620 |
19 May 22 | John W Lawrence | Common Stock | Buy | Acquire P | Yes | No | 1.15 | 500 | 575 | 107,258 |
19 May 22 | Cryan Terence James | Common Stock | Buy | Acquire P | No | No | 1.1765 | 5,000 | 5.88K | 176,476 |
18 May 22 | Chad M. Potter | Common Stock | Buy | Acquire P | No | No | 1.15 | 1,791 | 2.06K | 154,180 |
18 May 22 | Chad M. Potter | Common Stock | Buy | Acquire P | No | No | 1.16 | 6,767 | 7.85K | 152,389 |
Institutional ownership, Q1 2022
11.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 47 |
Opened positions | 12 |
Closed positions | 8 |
Increased positions | 20 |
Reduced positions | 7 |
13F shares | Current |
---|---|
Total value | 11.07M |
Total shares | 5.54M |
Total puts | 92.1K |
Total calls | 67.3K |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 908.71K | $1.82M |
Renaissance Technologies | 566.3K | $1.13M |
Susquehanna International | 538.64K | $1.08M |
Two Sigma Investments | 535.05K | $1.07M |
BLK Blackrock | 475.25K | $950K |
Two Sigma Advisers | 467K | $934K |
Geode Capital Management | 353.81K | $707K |
Citadel Advisors | 201.22K | $402K |
Maven Securities | 200K | $400K |
Simplex Trading | 142.21K | $284K |
Financial report summary
?Competition
BirminghamRisks
- We face a variety of risks related to our planned battery-graphite manufacturing business.
- The construction and operation of the Coosa Project is subject to delays, cost overruns or may not produce expected benefits.
- The Company may incur unexpected costs or delays in the construction of the Coosa Plant.
- The Company is not producing any products at a commercial scale at this time. As a result, we do not currently have a reliable source of operating cash. If we cannot successfully transition to commercial scale production of graphite and vanadium, partner with another company that has cash resources, find other means of generating and/or access additional sources of private or public capital, we may not be able to remain in business.
- Volatility in graphite and vanadium prices may result in the Company not receiving an adequate return on invested capital.
- Our operations are subject to environmental risks.
- Competition from better-capitalized companies affects prices and our ability to acquire both properties and personnel.
- Because we have limited capital, inherent manufacturing and mining risks pose a significant threat to us compared with our larger competitors.
- The timing and amount of compensation relating to the revocation of the mining and exploration licenses for our Temrezli and Sefaatli projects is yet to be determined.
- Exploration and development of graphite and vanadium properties are risky and subject to great uncertainties.
- The size and extent of the Company’s vanadium mineral reserves at the Coosa Project is unknown and may not be in sufficient quantities to make its extraction and processing economically feasible.
- The Company does not have and may not be able to obtain surface or access rights to all or a portion of the Coosa Deposit.
- Because mineral exploration and development activities are inherently risky, we may be exposed to environmental liabilities and other dangers. If we are unable to maintain adequate insurance, or liabilities exceed the limits of our insurance policies, we may be unable to continue operations.
- Title to the Coosa Deposit may be subject to defects in title or other claims, which could affect our property rights and claims.
- Our stock price has been and may continue to be volatile and may fluctuate significantly, which may adversely impact investor confidence and results and increase the likelihood of securities class action litigation.
- The Company has no history of paying dividends on its common stock, and we do not anticipate paying dividends in the foreseeable future.
- Terms of subsequent financings may adversely impact holders of our securities.
Management Discussion
- Our net loss for the three months ended June 30, 2022, was $3.2 million, or $0.07 per share, as compared with a net loss of $3.5 million, or $0.11 per share for the same period in 2021. The $0.3 million decrease in our net loss was due primarily to lower product development and exploration costs; offset partially by no unrealized gain on equity securities, which were sold in the fourth quarter of 2021 and increases in general and administrative expenses.
- Our net loss for the six months ended June 30, 2022, was $6.0 million, or $0.14 per share, as compared with a net loss of $8.9 million, or $0.29 per share for the same period in 2021. The $2.9 million decrease in our net loss was due primarily to decreases in product development expenses, arbitration costs, and exploration expenses; offset partially by no
- unrealized gain on equity securities, which were sold in the fourth quarter of 2021 and increases in general and administrative expenses.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
assist, Award, Employment, groundbreaking, Guide, Inducement, Jeffrey, life, Manual, mobilization, monitor, recruiting, resource, strategy, target, targeting, thoughtful, timeline, underground, Vice, Vigil
Removed:
application, consulting, DFS, knowledge, marketing, release, work
Financial reports
Current reports
8-K
Westwater Resources Announces Executive Management Changes
23 Jun 22
8-K
Departure of Directors or Certain Officers
13 May 22
8-K/A
Financial Statements and Exhibits
13 May 22
8-K
Submission of Matters to a Vote of Security Holders
11 May 22
8-K
Regulation FD Disclosure
19 Apr 22
8-K
Regulation FD Disclosure
12 Apr 22
8-K
Entry into a Material Definitive Agreement
25 Feb 22
8-K/A
Entry into a Material Definitive Agreement
10 Feb 22
8-K
Westwater Resources Announces Executive Management Changes
9 Feb 22
8-K
Westwater Resources Provides Results from Its Definitive Feasibility Study for Battery Graphite Production Facility
12 Oct 21
Registration and prospectus
S-8
Registration of securities for employees
13 May 22
424B5
Prospectus supplement for primary offering
20 Aug 21
S-8
Registration of securities for employees
25 Jun 21
25
Voluntary exchange delisting
18 Mar 21
8-A12B
Registration of securities on exchange
8 Mar 21
424B5
Prospectus supplement for primary offering
4 Dec 20
424B5
Prospectus supplement for primary offering
4 Dec 20
S-8
Registration of securities for employees
23 Nov 20
S-3
Shelf registration
20 Nov 20
Other
UPLOAD
Letter from SEC
11 Apr 22
CORRESP
Correspondence with SEC
3 Apr 22
UPLOAD
Letter from SEC
21 Mar 22
EFFECT
Notice of effectiveness
9 Jul 21
CORRESP
Correspondence with SEC
5 Jul 21
UPLOAD
Letter from SEC
5 Jul 21
CERT
Certification of approval for exchange listing
8 Mar 21
EFFECT
Notice of effectiveness
2 Dec 20
CORRESP
Correspondence with SEC
26 Nov 20
UPLOAD
Letter from SEC
26 Nov 20
Ownership
4
WESTWATER RESOURCES / Deborah A Peacock ownership change
23 May 22
4
WESTWATER RESOURCES / John W Lawrence ownership change
20 May 22
4
WESTWATER RESOURCES / Terence James Cryan ownership change
20 May 22
4
WESTWATER RESOURCES / Steven M. Cates ownership change
19 May 22
4
WESTWATER RESOURCES / Chad M. Potter ownership change
19 May 22
4
WESTWATER RESOURCES / JEFFREY L. VIGIL ownership change
19 May 22
4
WESTWATER RESOURCES / Dain A McCoig ownership change
11 May 22
4
WESTWATER RESOURCES / Karli S. Anderson ownership change
11 May 22
4
WESTWATER RESOURCES / John W Lawrence ownership change
11 May 22
4
WESTWATER RESOURCES / Chad M. Potter ownership change
11 May 22
Transcripts
2022 Q2
Earnings call transcript
11 Aug 22
2021 Q1
Earnings call transcript
12 May 22
2021 Q4
Earnings call transcript
14 Feb 22
2021 Q3
Earnings call transcript
11 Nov 21
2021 Q2
Earnings call transcript
12 Aug 21
2021 Q1
Earnings call transcript
13 May 21
2020 Q4
Earnings call transcript
16 Feb 21
2020 Q3
Earnings call transcript
12 Nov 20
2020 Q2
Earnings call transcript
8 Aug 20
2020 Q1
Earnings call transcript
14 May 20
Reddit threads
Daily Plays August 16, 2022
16 Aug 22
COMPANY OF THE FUTURE
12 Aug 22
Daily Discussion Thread - August 11th, 2022
11 Aug 22
Daily Discussion Thread - August 10th, 2022
10 Aug 22
The top precious mining plays leading my portfolio. What mining stocks are you bullish on rn?
8 Aug 22
Picks for 2022-06-30
30 Jun 22
Pre-market summary - June 23rd
23 Jun 22
Pre-market summary - June 8th
8 Jun 22
Rate My Portfolio - r/Stocks Quarterly Thread June 2022
1 Jun 22
Lithium Stocks are going to blow up!!! Lithium is what makes the battery for electric cars, but theirs a shortage of lithium car batteries and in increase in demand. A recipe for a stock to go up. What u guys think?
30 May 22