The positive reaction in Westwater Resources' stock price can be attributed to the improved EPS loss, which indicates better financial health than the previous year. The cash settlement from the Republic of Turkey and reduced net cash used in operations contribute to a stronger balance sheet. Additionally, the first off-take agreement with a Tier 1 battery manufacturer and the progress on the Kellyton Graphite Plant are significant developments that likely boosted investor confidence, reflecting positively on the stock's short-term price movement.