Why Westwater Resources Shares Are Surging Today
Why Westwater Resources Shares Are Surging Today
Westwater Resources, Inc. (NYSE:WWR) shares are trading higher after the company reported FY23 results.
西水資源公司（紐約證券交易所代碼：WWR）公佈23財年業績後，該公司股價走高。
The company didn't report any revenue from operations since 2009.
自2009年以來，該公司沒有報告任何運營收入。
The company reported an EPS loss of $(0.15) in 2023, a decrease from $(0.25) in 2022, mainly owing to a $3.1 million cash settlement from the Republic of Turkey and a $1.2 million write-off of accrued uranium royalties, a $0.3 million increase in interest income on investment account, and $0.5 million less exploration expenses.
該公司報告稱，2023年每股收益虧損0.15美元，低於2022年的0.25美元，這主要是由於土耳其共和國的現金結算和120萬美元的應計鈾特許權使用費註銷，投資賬戶利息收入增加30萬美元，勘探費用減少50萬美元。
Product development expenses for 2023 increased 156% to $2.9 million due to continued product development, optimization, and additional sample production for customer evaluation.
2023年的產品開發費用增長了156％，達到290萬美元，這要歸因於持續的產品開發、優化以及額外的樣品製作以供客戶評估。
Net cash used in operations declined 13% Y/Y to $(11.4) million in 2023 due to receiving $3.1 million of arbitration settlement cash in the fourth quarter.
由於第四季度收到310萬澳元的仲裁和解現金，運營中使用的淨現金同比下降13％，至2023年（1140萬美元）。
As of December 31, 2023, Westwater had a cash balance of $10.9 million and has incurred approximately $119.2 million since beginning construction of Phase I of the Kellyton Graphite Plant.
截至2023年12月31日，韋斯特沃特的現金餘額爲1,090萬美元，自凱利頓石墨廠第一階段開始建設以來，已支出約1.192億美元。
Terence J. Cryan, Executive Chairman, said, "We are especially excited about our first off-take agreement with a major Tier 1 battery manufacturer, the increase in anticipated Phase I production while staying on budget, and the positive anticipated economic results from our initial assessment of the Coosa Graphite Deposit."
執行董事長Terence J. Cryan表示：“我們與一家主要的一級電池製造商達成的第一份承購協議，在預算不超過的情況下預期的第一階段產量增加，以及我們對庫薩石墨礦牀的初步評估得出的積極預期經濟業績，我們感到特別興奮。”
Frank Bakker, President, and CEO, stated, "Westwater is the only U.S.-based natural graphite company under construction on a processing facility that has a multi-year off-take agreement for CSPG, and that has a graphite deposit in the same state as its future processing plant. The accomplishments of the Westwater team were not only significant for 2023, but I believe positions Westwater well for 2024."
總裁兼首席執行官弗蘭克·巴克爾表示：“Westwater是唯一一家總部位於美國的天然石墨公司，其加工設施與CSPG簽訂了多年期承購協議，其石墨礦牀與其未來的加工廠處於同一狀態。西水團隊取得的成就不僅在2023年意義重大，而且我認爲西水在2024年前景良好。”
Price Action: WWR shares are trading higher by 11.3% at $0.54 on the last check Wednesday.
價格走勢：在週三的最後一次支票中，WWR股價上漲11.3％，至0.54美元。