Why Westwater Resources (WWR) is skyrocketing on Monday

Westwater Resources (WWR) is surging on Monday after an impressive run. The company is around the top of the Other Industrial Metals & Minerals industry. WWR received an overall rating of 60, which means that it scores higher than 60 percent of all stocks.

Westwater Resources (WWR) stock is higher by 19.68% while the S&P 500 is unchanged 0% as of 9:44 AM on Monday, Oct 5. WWR is up $0.87 from the previous closing price of $4.42 on volume of 3,106,072 shares. Over the past year the S&P 500 is up 13.94% while WWR is up 85.61%. WWR lost -$3.16 per share the over the last 12 months.

The consensus among analysts is that Westwater Resources (WWR) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.

Wall Street analysts have a consensus price target for the stock at $150, which means that the shares’ value could jump 3293.67% from current levels. The projected low price target is $150 while the price target rests at a high of $150. In that case, then, we find that the current price level is +3293.67% off the targeted high while a plunge would see the stock lose 3293.67% from current levels.

Should you buy Westwater Resources (WWR)?

Shares of Westwater Resources (WWR) appear to be a very good investment option, the Money Midnight Indicator is expecting its price to increase considerably in the next several years. The majority of the metrics point to this investment being highly attractive.

Jay Lorrence
Jay Lorrence

Investor of 12 years and Managing Editor of Money Midnight, a news outlet focused on highly profitable investment ideas and bold underground research.

Articles: 233

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