Westwater Resources Q1 net loss widens

Westwater Resources

13/05/2026 11:38

Overview

US battery-grade graphite firm's Q1 net loss widened yr/yr

Company attributes higher loss to increased permitting, stock compensation, and product development costs

Outlook

Company continues to pursue non-dilutive and lower-cost capital, including government funding

Result Drivers

HIGHER PERMITTING AND DEVELOPMENT COSTS - Co said increased permitting activities at Coosa, higher stock-based compensation, and greater product development and qualification costs drove higher Q1 net loss

Company press release: ID:nBw5tSLGNa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.04
Q1 Net Income
-$4.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified mining peer group is "buy"

Wall Street's median 12-month price target for Westwater Resources Inc is $1.88, about 197.5% above its May 12 closing price of $0.63

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)