Westwater Resources Q2 FY26 operating loss widens to $4.3 million; net loss per share improves to $0.03

Net cash used in operating activities rose to $6.5 million in the first half, up from $4.6 million a year earlier.

Cash totaled $38.2 million at June 30; it sold 1,000,000 shares via its ATM program for net proceeds of $1.2 million.

Westwater Resources posted a wider Q2 operating net loss of $4.3 million, or $0.03 per share, versus $3.9 million, or $0.05 per share, a year earlier.

The six-month operating net loss widened to $9 million, or $0.07 per share, from $6.5 million, or $0.09 per share, on higher Coosa permitting, stock-based pay, and product development.

Phase I Kellyton Graphite Plant spending reached about $130 million; the total Phase I cost estimate held at , leaving about unspent.