Western Copper & Gold (NYSE:WRN) Lifted to Strong-Buy at National Bank Financial

Western Copper & Gold (NYSE:WRN) was upgraded by equities researchers at National Bank Financial to a “strong-buy” rating in a research report issued on Monday, Zacks.com reports.

A number of other equities research analysts also recently issued reports on the stock. StockNews.com upgraded shares of Western Copper & Gold to a “sell” rating in a research report on Wednesday, September 11th. HC Wainwright reiterated a “buy” rating and set a $4.25 price target on shares of Western Copper & Gold in a research report on Tuesday, September 17th.

Western Copper & Gold Price Performance

Shares of WRN opened at $1.23 on Monday. The firm has a 50 day simple moving average of $1.15. Western Copper & Gold has a twelve month low of $0.95 and a twelve month high of $1.66. The stock has a market cap of $243.78 million, a price-to-earnings ratio of -41.00 and a beta of 1.84.

Western Copper & Gold (NYSE:WRN) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities analysts predict that Western Copper & Gold will post -0.02 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Western Copper & Gold stock. Rathbones Group PLC acquired a new stake in Western Copper & Gold Corp (NYSE:WRN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 27,450 shares of the company’s stock, valued at approximately $31,000. Hedge funds and other institutional investors own 21.96% of the company’s stock.

About Western Copper & Gold

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.