Westwater Resources (WWR) AI Stock Analysis

• Market Cap: $145.13M
• Dividend Yield: N/A
• Average Volume (3M): 2.34M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.23
• Revenue Growth: N/A
• EPS Growth: -80.01%
• Country: US
• Employees: 21
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.12
• Shares Outstanding: 117,989,460
• 10 Day Avg. Volume: 3,153,486
• 30 Day Avg. Volume: 2,340,404
• PEG Ratio: -0.07
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.47
• Enterprise Value/Market Cap: 0.54
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -45.11
• Enterprise Value/Ebitda: -1.40
• 1Y Price Target: $1.75
• Price Target Upside: 42.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.03
• Revenue Forecast (FY): $31.80M

• Rating: 48 Neutral
• Price Target: $1.00 ▼(-18.70% Downside)

The score is held down primarily by very weak financial performance (no meaningful revenue, sizable losses, and continued cash burn), partially offset by a comparatively low-leverage balance sheet. Technicals are moderately supportive with price above several key moving averages and a constructive RSI, but momentum indicators are mixed. The latest earnings call was mixed as well: solid cash runway and project progress were tempered by increased financing risk following the Stellantis offtake termination.

Positive Factors

Strong Equity Base

A strong equity base provides financial stability and can support future investments, reducing reliance on external debt.

Low Debt Levels

Low debt levels enhance financial flexibility and reduce interest burden, allowing more resources for growth initiatives.

Graphite Plant Financing

Securing financing for the graphite plant indicates potential for long-term growth in the battery-grade graphite market.

Negative Factors

Persistent Net Losses

Ongoing net losses highlight profitability issues, which can hinder reinvestment and growth opportunities.

Negative Cash Flows

Negative cash flows indicate inefficiencies in operations, risking liquidity and limiting the ability to fund new projects.

Lack of Revenue Growth

Lack of revenue growth suggests difficulty in market penetration and scaling, crucial for long-term viability.

Westwater Resources Business Overview & Revenue Model

Company Description

Westwater Resources, Inc. operates as an energy materials developer. The company holds interests in Coosa graphite project covering an area of approximately 41,965 acres situated in Coosa County, Alabama. The company was formerly known as Uranium Resources, Inc. and changed its name to Westwater Resources, Inc. in August 2017. Westwater Resources, Inc. was incorporated in 1977 and is based in Centennial, Colorado.

How the Company Makes Money

Westwater Resources makes money through the development and sale of high-purity graphite products, which are used in a variety of applications including electric vehicle batteries, energy storage systems, and other industrial applications. The company's revenue model is centered around mining, processing, and selling these graphite materials to manufacturers and industries that require high-quality graphite for their products. Westwater Resources also engages in strategic partnerships and collaborations with technology companies and manufacturers to enhance its market presence and expand its customer base. These partnerships, along with the growing demand for energy storage solutions, significantly contribute to the company's earnings.

Westwater Resources Financial Statement Overview

Summary

Westwater Resources faces significant financial challenges with persistent net losses, lack of revenue growth, and negative cash flows. Its strong equity base and low debt levels are positives, but these are overshadowed by the absence of profitability.

Income Statement

Westwater Resources has been struggling with negative net income and EBIT over the years, with no revenue reported in recent periods. The absence of revenue growth and continued net losses indicate severe profitability issues, typical for a company in the early or developing stage within the mining industry.

Balance Sheet

The company's equity position appears strong with a high equity ratio, but the total lack of revenue is concerning. The debt-to-equity ratio is low, indicating low leverage, which is a positive sign. However, the company has reported consistent net losses, impacting return on equity negatively.

Cash Flow

Westwater Resources shows negative operating and free cash flows, reflecting challenges in generating cash from operations. The cash flow to net income ratios are concerning, indicating inefficiencies in translating revenue into cash. Cash flow fluctuations suggest potential liquidity issues ahead without corrective measures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-1.73M	-284.00K	-221.00K	-180.00K	-130.00K	-51.00K
EBITDA	-55.72M	-11.22M	-7.53M	-11.84M	-16.01M	-13.89M
Net Income	-58.10M	-12.66M	-7.75M	-11.12M	-16.14M	-23.57M
Balance Sheet
Total Assets	157.73M	146.36M	149.83M	168.41M	132.98M	61.94M
Cash, Cash Equivalents and Short-Term Investments	12.91M	4.27M	10.85M	75.20M	115.29M	51.84M
Total Debt	10.06M	235.00K	357.00K	91.00K	235.00K	363.00K
Total Liabilities	19.71M	13.23M	9.39M	26.44M	6.79M	4.47M
Stockholders Equity	138.02M	133.12M	140.44M	141.97M	126.20M	57.47M
Cash Flow
Free Cash Flow	-42.71M	-11.96M	-69.72M	-65.97M	-20.27M	-19.29M
Operating Cash Flow	-25.64M	-5.81M	-11.43M	-13.18M	-16.92M	-15.18M
Investing Cash Flow	-16.54M	-4.64M	-58.30M	-52.79M	-2.11M	-4.10M
Financing Cash Flow	71.31M	3.87M	5.38M	25.87M	83.99M	63.95M

Westwater Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WWR, the sentiment is Positive. The current price of 1.23 is above the 20-day moving average (MA) of 0.93, above the 50-day MA of 0.97, and above the 200-day MA of 0.85, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 69.19 is Neutral, neither overbought nor oversold. The STOCH value of 84.68 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WWR.

Westwater Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
IONR	58 Neutral	$394.03M	-35.56	-4.25%	―	―	-10.45%
ABAT	55 Neutral	$690.14M	-9.55	-58.41%	―	821.40%	44.70%
WWR	48 Neutral	$145.13M	-4.95	-14.20%	―	―	-80.01%

Westwater Resources Corporate Events

Westwater Resources Faces Offtake Agreement Termination

On November 3, 2025, Westwater Resources received notice from FCA US LLC, a subsidiary of Stellantis N.V., terminating their Binding Offtake Agreement, which was initially established on July 17, 2024. This unexpected termination has paused Westwater’s debt syndication efforts, although the company continues to engage with EXIM and other agencies for financing opportunities. In response, Westwater is optimizing its Kellyton Plant to align with existing offtake agreements and available financing, aiming to reduce capital and time needed for commercial production. Despite the termination, agreements with SK On and Hiller Carbon remain intact, and Westwater is exploring new offtake opportunities. Since mid-2025, the company has raised approximately $55 million, which will support the optimization of the Kellyton Plant, equipment purchases, and permitting activities at the Coosa Graphite Deposit.

The most recent analyst rating on (WWR) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Westwater Resources stock, see the WWR Stock Forecast page.

Westwater Resources Registers $75M Stock Offering

On October 17, 2025, Westwater Resources filed a prospectus supplement to register the offer and sale of up to $75 million in common stock under an existing agreement, excluding approximately $55 million already sold. This move is part of their strategy to raise capital through market offerings, potentially impacting their financial operations and market positioning.

The most recent analyst rating on (WWR) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Westwater Resources stock, see the WWR Stock Forecast page.