Western Copper and Gold (TSE:WRN) Stock Rating Upgraded by Cormark

Western Copper and Gold (TSE:WRN) (NYSE:WRN) was upgraded by investment analysts at Cormark to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other research analysts have also recently weighed in on the company. BMO Capital Markets set a C$3.00 price objective on Western Copper and Gold and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Canaccord Genuity Group raised Western Copper and Gold to a “moderate buy” rating in a research report on Monday, December 9th. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Western Copper and Gold has a consensus rating of “Buy” and an average price target of C$3.69.

Western Copper and Gold Stock Down 1.4 %

WRN stock opened at C$1.46 on Tuesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. The stock has a market capitalization of C$284.87 million, a P/E ratio of -48.60 and a beta of 2.04. The business has a 50-day moving average of C$1.51 and a 200-day moving average of C$1.56. Western Copper and Gold has a fifty-two week low of C$1.27 and a fifty-two week high of C$2.27.

Insider Buying and Selling

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

About Western Copper and Gold

Western Copper & Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition, exploration, and future development of resource properties. The company is developing the Casino project into Canada’s premier copper-gold mine. It holds significant gold, copper reserves in its Casino project located in the Yukon, Canada.