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Westwater Resources, Inc. (NYSE American:WWR), with a current market capitalization of $175.47 million, filed a prospectus supplement on Friday to register the offer and sale of up to $75 million in common stock under its existing at-the-market (ATM) offering agreement with H.C. Wainwright. The company stated that this amount is in addition to approximately $55 million in shares previously sold under the same agreement as of the date of the new filing.
The ATM agreement, originally entered on August 30, 2024, allows Westwater Resources to sell shares of its common stock, par value $0.001 per share, from time to time through at-the-market transactions as defined by Rule 415 under the Securities Act of 1933.
According to the filing, the new prospectus supplement was made pursuant to Westwater’s Registration Statement on Form S-3 (File No. 333-280685). The company also incorporated by reference certain exhibits, including a legal opinion and consent from Holland & Hart LLP, into the registration statement.
Westwater Resources is incorporated in Delaware and is engaged in the metal mining sector. Its common stock is listed on the NYSE American under the ticker symbol WWR.
This information is based on a statement made in a press release filed with the Securities and Exchange Commission.
In other recent news, Westwater Resources Inc. reported its Q2 2025 earnings, revealing an earnings per share (EPS) loss of $0.05. Despite missing expectations, the company’s stock experienced a rise during trading. This development comes as Westwater Resources continues to make strategic advances in graphite production and financing efforts. These efforts appear to have bolstered market confidence, even in the face of the earnings miss. The company’s focus on these strategic areas might be contributing to investor optimism. No information was provided about revenue figures or analyst upgrades or downgrades. Investors may be keeping a close eye on Westwater Resources’ future announcements regarding their ongoing projects and financial strategies. These recent developments highlight the dynamic nature of the company’s current market position.
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