View ValuationWestwater Resources 향후 성장Future 기준 점검 2/6Westwater Resources은 연간 수입과 매출이 각각 36.9%와 62.9% 증가할 것으로 예상되고 EPS는 연간 60.1%만큼 증가할 것으로 예상됩니다.핵심 정보36.9%이익 성장률60.12%EPS 성장률Electrical 이익 성장18.7%매출 성장률62.9%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트14 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 15Westwater Resources, Inc. to Report Q1, 2026 Results on May 13, 2026Westwater Resources, Inc. announced that they will report Q1, 2026 results on May 13, 2026새로운 내러티브 • Apr 16Long Term Battery Demand And Domestic Supply Trends Will Support This Graphite OpportunityCatalysts About Westwater Resources Westwater Resources focuses on developing a vertically integrated U.S. supply of battery grade natural graphite through its Coosa graphite deposit and Kellyton graphite processing plant in Alabama. What are the underlying business or industry changes driving this perspective?공시 • Mar 31Westwater Resources, Inc. Receives Coosa Graphite Deposit Acceptance to Fast-41 U.S. Federal Permitting FrameworkWestwater Resources, Inc. announced that the Coosa Graphite Deposit has been designated as a “covered project” under FAST-41 and added to the federal permitting dashboard. Designation as a FAST-41 covered project supports a more coordinated and transparent federal permitting process, including a publicly available permitting timetable. This framework is designed to improve visibility and coordination as agencies advance environmental review and permitting activities for Coosa. The Coosa Graphite Deposit, located in Coosa County, Alabama, is the largest natural flake graphite deposit in the contiguous United States and spans approximately 41,965 acres. Coosa’s addition to the FAST-41 Dashboard reflects its important role in building a domestic supply of graphite, a critical mineral used in batteries, energy storage, and industrial applications.공시 • Mar 24Westwater Resources, Inc., Annual General Meeting, May 22, 2026Westwater Resources, Inc., Annual General Meeting, May 22, 2026.New Risk • Mar 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$97.1m market cap).공시 • Mar 03Westwater Resources Files Key Environmental Permit for Coosa Graphite ProjectWestwater Resources, Inc. announced that it has filed an application for a National Pollutant Discharge Elimination System ("NPDES") permit with the Alabama Department of Environmental Management ("ADEM") for its Coosa Graphite Project in Coosa County, Alabama. The NPDES permit is required under the U.S. Clean Water Act and authorizes the regulated discharge of treated stormwater and other permitted water associated with mining and related site activities. The application filing represents an important step in the environmental permitting process for the Coosa Graphite Project. The submitted application includes site-specific engineering, hydrologic, and environmental analyses to support compliance with applicable federal and state water quality standards. ADEM will review the application in accordance with its established regulatory procedures, which include technical evaluation and a public notice and comment period.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. President, CEO & Director Frank Bakker was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Dec 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$99.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$99.1m market cap).공시 • Oct 27Westwater Resources Progresses Permitting Process for Mine Development At the Coosa DepositWestwater Resources, Inc. provided an update on the permitting process for mine development at the Coosa Graphite Deposit in Coosa County, Alabama. The permitting process is expected to include preparation of key environmental studies and applications under applicable federal and state frameworks, including, but not limited to, water discharge, wetlands and air permits, and other operational and construction-related approvals. In parallel with permitting activities, the Company plans to conduct additional drilling to further delineate and expand the resource base at Coosa. These results will inform ongoing mine planning and design efforts, as Westwater continues to evaluate and optimize the project for efficient, responsible production of natural graphite. The deposit contains Indicated Mineral Resources of 26.0 million short tons averaging 2.89% graphitic carbon (Cg) and Inferred Mineral Resources of 97.0 million short tons averaging 3.08% Cg, hosted in near-surface, soft metamorphic rock well suited to open-pit mining. The Initial Assessment completed in 2023 outlined a pre-tax NPV of USD 229 million and a pre-tax IRR of 26.7%, based on less than 10% of the property's total acreage and excluding potential vanadium by-product upside.Recent Insider Transactions Derivative • Oct 16Independent Director exercised options to buy US$506k worth of stock.On the 9th of October, Karli Anderson exercised options to buy 241k shares at a strike price of around US$0.49, costing a total of US$118k. This transaction amounted to 60% of their direct individual holding at the time of the trade. Karli now holds 640.91k shares directly in their own name. Company insiders have collectively bought US$127k more than they sold, via options and on-market transactions, in the last 12 months.New Risk • Oct 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Revenue is less than US$1m.New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$52.9m market cap).New Risk • Jun 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$46.9m market cap).공시 • May 27Westwater Resources Announces Successful Patent Application for the Kellyton Graphite PlantWestwater Resources, Inc. announced it received a Notice of Allowance from the U.S. Patent and Trademark Office that Westwater’s patent application is approved for issuance. Westwater filed an application, in August 2021, to patent methods of purifying graphite at the Kellyton Graphite Plant. With this Notice, PTO’s examination of the application is complete.New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (US$42.8m market cap).공시 • Mar 24Westwater Resources, Inc., Annual General Meeting, May 27, 2025Westwater Resources, Inc., Annual General Meeting, May 27, 2025.New Risk • Dec 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$11m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (US$36.3m market cap).New Risk • Nov 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$11m free cash flow). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (US$32.1m market cap).공시 • Sep 01Westwater Resources, Inc. has filed a Follow-on Equity Offering in the amount of $8.05 million.Westwater Resources, Inc. has filed a Follow-on Equity Offering in the amount of $8.05 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering공시 • Aug 31Westwater Resources, Inc. announced that it expects to receive $30 million in funding from Lincoln Park Capital, LLCWestwater Resources, Inc. announced that it has entered into a securities purchase agreement to issue common shares for the gross proceeds of $30,000,000 on August 30, 2024. The transaction will include participation from returning investor, Lincoln Park Capital Fund, LLC, a fund managed by, Lincoln Park Capital, LLC.공시 • Apr 06Westwater Resources, Inc., Annual General Meeting, May 30, 2024Westwater Resources, Inc., Annual General Meeting, May 30, 2024, at 08:00 Mountain Daylight. Agenda: To consider election of directors; to consider approve an amendment to our 2013 Omnibus Incentive Plan, as amended, (a) to increase the authorized number of shares of common stock available and reserved for issuance under such plan by 3,000,000 shares, and (b) to increase the limit on shares of stock that may be granted in a calendar year to any eligible person to 800,000 shares; to consider hold an advisory vote to approve of our executive compensation; to consider ratify the appointment of Moss Adams LLP as independent registered public accountant for 2024; to consider approve an increase in the number of authorized shares of common stock; and to consider other business issues.공시 • Dec 14Westwater Announces Availability of an Initial Assessment with Economic Analysis for the Coosa Graphite DepositWestwater Resources, Inc. announced the availability of an Initial Assessment, with an economic analysis (‘IA’), for the Company’s Coosa Graphite Deposit located in Coosa County, Alabama (the ‘Coosa Deposit’). The IA was completed as a Technical Report Summary (‘TRS’), disclosing Mineral Resources, including an economic analysis, for the Coosa Deposit, in accordance with SK-1300. The TRS was completed on behalf of Westwater by SLR International Corporation (‘SLR’) with an effective date of December 11, 2023, and filed by Westwater on Form 8-K with the Securities and Exchange Commission (‘SEC’) on December 13, 2023. SLR qualifies as a Qualified Person as defined under Item 1302 of Regulation S-K. Mineral Resources: The TRS and IA were prepared in accordance with the regulations set in S-K 1300 with the objective of disclosing the Mineral Resources at the Coosa Deposit, with an economic analysis. Based on the density of drilling, continuity of geology and mineralization, testing, and data verification, the Mineral Resource estimates meet the criteria for Indicated or Inferred Mineral Resources as summarized in the TRS and IA. Estimated Mineral Resources, as initially reporting in the 2022 TRS, respectively, at a 1.98% Cg cut-off grade. Mineral Resources were estimated separately for each mineralized horizon. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. However, considerations of reasonable prospects for economic extraction were applied to the Mineral Resource calculations within the TRS.New Risk • Oct 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$96m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (US$34.5m market cap).공시 • Jan 18+ 1 more updateWestwater Resources, Inc. Appoints Frank Bakker as Chief Executive OfficerWestwater Resources, Inc. announced that its Board of Directors appointed Frank Bakker as Westwater’s new Chief Executive Officer (CEO) effective immediately. Mr. Bakker has been serving as Westwater’s Vice President and General Manager – Alabama Graphite Products. Mr. Bakker’s professional background includes significant engineering, project management, and process plant management, having built and operated numerous plants that process ammonia, elastomers, methanol, and resins. He previously served as CEO for US Methanol LLC in Charleston, West Virginia, and as President and CEO for OCI Partners LP in Beaumont, Texas. Mr. Bakker received a master’s degree in Mechanical Engineering from the University of Twente Netherlands, and a Master’s in Business Administration from the University of Massachusetts.Recent Insider Transactions • May 24Independent Director recently bought US$177k worth of stockOn the 20th of May, Deborah Peacock bought around 150k shares on-market at roughly US$1.18 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$289k more in shares than they have sold in the last 12 months.이익 및 매출 성장 예측NYSEAM:WWR - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202864N/AN/A-157112/31/20274-15N/A-31212/31/2026N/A-18N/A-5823/31/2026N/A-29-22-12N/A12/31/2025N/A-27-22-10N/A9/30/2025N/A-19-17-10N/A6/30/2025N/A-12-13-5N/A3/31/2025N/A-12-12-5N/A12/31/2024N/A-13-12-6N/A9/30/2024N/A-8-11-3N/A6/30/2024N/A-8-18-8N/A3/31/2024N/A-8-38-11N/A12/31/2023N/A-8-70-11N/A9/30/2023N/A-11-93-17N/A6/30/2023N/A-11-96-16N/A3/31/2023N/A-11-88-13N/A12/31/2022N/A-11-66-13N/A9/30/2022N/A-12-50-12N/A6/30/2022N/A-13-44-14N/A3/31/2022N/A-14-33-15N/A12/31/2021N/A-16-23-17N/A9/30/2021N/A-20-22-18N/A6/30/2021N/A-19-22-18N/A3/31/2021N/A-17-21-17N/A12/31/2020N/A-14-19-15N/A9/30/2020N/A-8-13-13N/A6/30/2020N/A-4-11-12N/A3/31/2020N/A-5-9-11N/A12/31/2019N/A-6N/A-10N/A9/30/2019N/A-13N/A-10N/A6/30/2019N/A-18N/A-10N/A3/31/2019N/A-35N/A-11N/A12/31/2018N/A-36N/A-12N/A9/30/2018N/A-43N/A-12N/A6/30/2018N/A-42N/A-11N/A3/31/2018N/A-25N/A-12N/A12/31/2017N/A-19N/A-12N/A9/30/2017N/A-11N/A-11N/A6/30/2017N/A-12N/A-13N/A3/31/2017N/A-13N/A-13N/A12/31/2016N/A-20N/A-12N/A9/30/2016N/A-19N/A-13N/A6/30/2016N/A-16N/A-11N/A3/31/2016N/A-16N/A-12N/A12/31/2015N/A-15N/A-12N/A9/30/2015N/A-9N/A-11N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: WWR 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: WWR 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: WWR 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: WWR 의 수익(연간 62.9%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: WWR 의 수익(연간 62.9%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: WWR의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 05:46종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Westwater Resources, Inc.는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Heiko IhleH.C. Wainwright & Co.Eunji KangKorea Investment & Securities Co., Ltd.Tate SullivanMaxim Group1명의 분석가 더 보기
공시 • May 15Westwater Resources, Inc. to Report Q1, 2026 Results on May 13, 2026Westwater Resources, Inc. announced that they will report Q1, 2026 results on May 13, 2026
새로운 내러티브 • Apr 16Long Term Battery Demand And Domestic Supply Trends Will Support This Graphite OpportunityCatalysts About Westwater Resources Westwater Resources focuses on developing a vertically integrated U.S. supply of battery grade natural graphite through its Coosa graphite deposit and Kellyton graphite processing plant in Alabama. What are the underlying business or industry changes driving this perspective?
공시 • Mar 31Westwater Resources, Inc. Receives Coosa Graphite Deposit Acceptance to Fast-41 U.S. Federal Permitting FrameworkWestwater Resources, Inc. announced that the Coosa Graphite Deposit has been designated as a “covered project” under FAST-41 and added to the federal permitting dashboard. Designation as a FAST-41 covered project supports a more coordinated and transparent federal permitting process, including a publicly available permitting timetable. This framework is designed to improve visibility and coordination as agencies advance environmental review and permitting activities for Coosa. The Coosa Graphite Deposit, located in Coosa County, Alabama, is the largest natural flake graphite deposit in the contiguous United States and spans approximately 41,965 acres. Coosa’s addition to the FAST-41 Dashboard reflects its important role in building a domestic supply of graphite, a critical mineral used in batteries, energy storage, and industrial applications.
공시 • Mar 24Westwater Resources, Inc., Annual General Meeting, May 22, 2026Westwater Resources, Inc., Annual General Meeting, May 22, 2026.
New Risk • Mar 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$97.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$97.1m market cap).
공시 • Mar 03Westwater Resources Files Key Environmental Permit for Coosa Graphite ProjectWestwater Resources, Inc. announced that it has filed an application for a National Pollutant Discharge Elimination System ("NPDES") permit with the Alabama Department of Environmental Management ("ADEM") for its Coosa Graphite Project in Coosa County, Alabama. The NPDES permit is required under the U.S. Clean Water Act and authorizes the regulated discharge of treated stormwater and other permitted water associated with mining and related site activities. The application filing represents an important step in the environmental permitting process for the Coosa Graphite Project. The submitted application includes site-specific engineering, hydrologic, and environmental analyses to support compliance with applicable federal and state water quality standards. ADEM will review the application in accordance with its established regulatory procedures, which include technical evaluation and a public notice and comment period.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. President, CEO & Director Frank Bakker was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Dec 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$99.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (89% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$99.1m market cap).
공시 • Oct 27Westwater Resources Progresses Permitting Process for Mine Development At the Coosa DepositWestwater Resources, Inc. provided an update on the permitting process for mine development at the Coosa Graphite Deposit in Coosa County, Alabama. The permitting process is expected to include preparation of key environmental studies and applications under applicable federal and state frameworks, including, but not limited to, water discharge, wetlands and air permits, and other operational and construction-related approvals. In parallel with permitting activities, the Company plans to conduct additional drilling to further delineate and expand the resource base at Coosa. These results will inform ongoing mine planning and design efforts, as Westwater continues to evaluate and optimize the project for efficient, responsible production of natural graphite. The deposit contains Indicated Mineral Resources of 26.0 million short tons averaging 2.89% graphitic carbon (Cg) and Inferred Mineral Resources of 97.0 million short tons averaging 3.08% Cg, hosted in near-surface, soft metamorphic rock well suited to open-pit mining. The Initial Assessment completed in 2023 outlined a pre-tax NPV of USD 229 million and a pre-tax IRR of 26.7%, based on less than 10% of the property's total acreage and excluding potential vanadium by-product upside.
Recent Insider Transactions Derivative • Oct 16Independent Director exercised options to buy US$506k worth of stock.On the 9th of October, Karli Anderson exercised options to buy 241k shares at a strike price of around US$0.49, costing a total of US$118k. This transaction amounted to 60% of their direct individual holding at the time of the trade. Karli now holds 640.91k shares directly in their own name. Company insiders have collectively bought US$127k more than they sold, via options and on-market transactions, in the last 12 months.
New Risk • Oct 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$13m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Revenue is less than US$1m.
New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$52.9m market cap).
New Risk • Jun 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (US$46.9m market cap).
공시 • May 27Westwater Resources Announces Successful Patent Application for the Kellyton Graphite PlantWestwater Resources, Inc. announced it received a Notice of Allowance from the U.S. Patent and Trademark Office that Westwater’s patent application is approved for issuance. Westwater filed an application, in August 2021, to patent methods of purifying graphite at the Kellyton Graphite Plant. With this Notice, PTO’s examination of the application is complete.
New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$12m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (US$42.8m market cap).
공시 • Mar 24Westwater Resources, Inc., Annual General Meeting, May 27, 2025Westwater Resources, Inc., Annual General Meeting, May 27, 2025.
New Risk • Dec 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 17% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$11m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (US$36.3m market cap).
New Risk • Nov 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$11m free cash flow). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (US$32.1m market cap).
공시 • Sep 01Westwater Resources, Inc. has filed a Follow-on Equity Offering in the amount of $8.05 million.Westwater Resources, Inc. has filed a Follow-on Equity Offering in the amount of $8.05 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
공시 • Aug 31Westwater Resources, Inc. announced that it expects to receive $30 million in funding from Lincoln Park Capital, LLCWestwater Resources, Inc. announced that it has entered into a securities purchase agreement to issue common shares for the gross proceeds of $30,000,000 on August 30, 2024. The transaction will include participation from returning investor, Lincoln Park Capital Fund, LLC, a fund managed by, Lincoln Park Capital, LLC.
공시 • Apr 06Westwater Resources, Inc., Annual General Meeting, May 30, 2024Westwater Resources, Inc., Annual General Meeting, May 30, 2024, at 08:00 Mountain Daylight. Agenda: To consider election of directors; to consider approve an amendment to our 2013 Omnibus Incentive Plan, as amended, (a) to increase the authorized number of shares of common stock available and reserved for issuance under such plan by 3,000,000 shares, and (b) to increase the limit on shares of stock that may be granted in a calendar year to any eligible person to 800,000 shares; to consider hold an advisory vote to approve of our executive compensation; to consider ratify the appointment of Moss Adams LLP as independent registered public accountant for 2024; to consider approve an increase in the number of authorized shares of common stock; and to consider other business issues.
공시 • Dec 14Westwater Announces Availability of an Initial Assessment with Economic Analysis for the Coosa Graphite DepositWestwater Resources, Inc. announced the availability of an Initial Assessment, with an economic analysis (‘IA’), for the Company’s Coosa Graphite Deposit located in Coosa County, Alabama (the ‘Coosa Deposit’). The IA was completed as a Technical Report Summary (‘TRS’), disclosing Mineral Resources, including an economic analysis, for the Coosa Deposit, in accordance with SK-1300. The TRS was completed on behalf of Westwater by SLR International Corporation (‘SLR’) with an effective date of December 11, 2023, and filed by Westwater on Form 8-K with the Securities and Exchange Commission (‘SEC’) on December 13, 2023. SLR qualifies as a Qualified Person as defined under Item 1302 of Regulation S-K. Mineral Resources: The TRS and IA were prepared in accordance with the regulations set in S-K 1300 with the objective of disclosing the Mineral Resources at the Coosa Deposit, with an economic analysis. Based on the density of drilling, continuity of geology and mineralization, testing, and data verification, the Mineral Resource estimates meet the criteria for Indicated or Inferred Mineral Resources as summarized in the TRS and IA. Estimated Mineral Resources, as initially reporting in the 2022 TRS, respectively, at a 1.98% Cg cut-off grade. Mineral Resources were estimated separately for each mineralized horizon. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. However, considerations of reasonable prospects for economic extraction were applied to the Mineral Resource calculations within the TRS.
New Risk • Oct 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$96m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (US$34.5m market cap).
공시 • Jan 18+ 1 more updateWestwater Resources, Inc. Appoints Frank Bakker as Chief Executive OfficerWestwater Resources, Inc. announced that its Board of Directors appointed Frank Bakker as Westwater’s new Chief Executive Officer (CEO) effective immediately. Mr. Bakker has been serving as Westwater’s Vice President and General Manager – Alabama Graphite Products. Mr. Bakker’s professional background includes significant engineering, project management, and process plant management, having built and operated numerous plants that process ammonia, elastomers, methanol, and resins. He previously served as CEO for US Methanol LLC in Charleston, West Virginia, and as President and CEO for OCI Partners LP in Beaumont, Texas. Mr. Bakker received a master’s degree in Mechanical Engineering from the University of Twente Netherlands, and a Master’s in Business Administration from the University of Massachusetts.
Recent Insider Transactions • May 24Independent Director recently bought US$177k worth of stockOn the 20th of May, Deborah Peacock bought around 150k shares on-market at roughly US$1.18 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$289k more in shares than they have sold in the last 12 months.
