Diligence memo · auto-generated · as of July 2, 2026

Westwater Resources, Inc.

Westwater Resources, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Westwater Resources, Inc. operates in Other Energy, based in Centennial.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Westwater Resources, Inc. has raised $14M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $35M on 2012-03-09.

Most recent recorded round closed around 2019-05-30.

Valuation (modeled)modeled

Provath models Westwater Resources, Inc. at approximately $5.8M (range $713K–$32M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.10× the median modeled value of Series A Other Energy companies in 2019–2021 (76 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 29 months.

Last raise 7.1 yr ago; this sector typically re-raises about every 12 months.

Silent for over 3× the sector's normal cadence.

The last round was 7.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 75% of Other Energy peers (2049 compared).

Modeled value ranks above 27% of those peers.

Closest niche peers: NexGrid Holdings, Inc., Swell Energy Inc., VS GP HI Solar I, LLC, Black Rock Renewable Energy LLC, Amply Power, Inc..

Peoplefiled

16 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.