Western Copper & Gold (NYSE:WRN) Rating Reiterated by HC Wainwright

Western Copper & Gold (NYSE:WRN)‘s stock had its “buy” rating reaffirmed by equities research analysts at HC Wainwright in a research note issued on Tuesday, Benzinga reports. They currently have a $4.25 price target on the stock. HC Wainwright’s price target would suggest a potential upside of 254.17% from the stock’s current price.

Separately, StockNews.com upgraded Western Copper & Gold to a “sell” rating in a research note on Wednesday, September 11th.

Western Copper & Gold Trading Up 0.8 %

Shares of NYSE:WRN opened at $1.20 on Tuesday. The stock has a market capitalization of $237.83 million, a price-to-earnings ratio of -40.00 and a beta of 1.84. Western Copper & Gold has a 12-month low of $0.95 and a 12-month high of $1.66.

Western Copper & Gold (NYSE:WRN) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter. Sell-side analysts expect that Western Copper & Gold will post -0.02 earnings per share for the current year.

Hedge Funds Weigh In On Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Rathbones Group PLC acquired a new stake in Western Copper & Gold Corp (NYSE:WRN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 27,450 shares of the company’s stock, valued at approximately $31,000. 21.96% of the stock is currently owned by institutional investors.

Western Copper & Gold Company Profile

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.