Canaccord Genuity Group Upgrades Western Copper and Gold (TSE:WRN) to Moderate Buy

Western Copper and Gold (TSE:WRN) (NYSE:WRN) was upgraded by analysts at Canaccord Genuity Group to a “moderate buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other analysts also recently commented on the stock. National Bank Financial upgraded shares of Western Copper and Gold to a “strong-buy” rating in a report on Monday, September 30th. National Bankshares set a C$3.50 target price on shares of Western Copper and Gold and gave the company an “outperform” rating in a report on Tuesday, October 1st.

Western Copper and Gold Stock Performance

WRN opened at C$1.57 on Monday. The company has a current ratio of 28.49, a quick ratio of 5.52 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average price is C$1.61 and its two-hundred day moving average price is C$1.61. Western Copper and Gold has a 1-year low of C$1.27 and a 1-year high of C$2.27. The company has a market cap of C$311.21 million, a price-to-earnings ratio of -39.25 and a beta of 2.04.

Insider Activity at Western Copper and Gold

In other Western Copper and Gold news, Senior Officer Paul George West-Sells sold 100,000 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of C$1.54, for a total transaction of C$153,600.00. 16.29% of the stock is owned by company insiders.

About Western Copper and 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.