What is Cormark’s Forecast for TSE:WRN FY2024 Earnings?

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) – Stock analysts at Cormark issued their FY2024 earnings estimates for Western Copper and Gold in a report issued on Tuesday, February 18th. Cormark analyst S. Ioannou anticipates that the company will post earnings per share of ($0.03) for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.01) per share. Cormark also issued estimates for Western Copper and Gold’s FY2025 earnings at ($0.03) EPS.

Other analysts also recently issued reports about the company. Canaccord Genuity Group raised Western Copper and Gold to a “moderate buy” rating in a research report on Monday, December 9th. BMO Capital Markets set a C$3.00 price objective on shares of Western Copper and Gold and gave the company an “outperform” rating in a report on Thursday, January 30th. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$3.69.

Western Copper and Gold Stock Performance

TSE WRN opened at C$1.47 on Thursday. 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 firm has a market cap of C$286.82 million, a price-to-earnings ratio of -48.94 and a beta of 2.04. 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 fifty day moving average price of C$1.51 and a 200-day moving average price of C$1.56.

Insiders Place Their Bets

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

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.