Western Copper and Gold Co. (TSE:WRN) Receives C$3.69 Average Target Price from Analysts

Shares of Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) have earned an average rating of “Buy” from the four ratings firms that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$3.69.

Several equities analysts recently issued reports on WRN shares. Canaccord Genuity Group upgraded shares of Western Copper and Gold to a “moderate buy” rating in a 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. Finally, Cormark upgraded shares of Western Copper and Gold to a “moderate buy” rating in a report on Tuesday.

Insider Activity at Western Copper and Gold

In related news, Senior Officer Paul George West-Sells sold 100,000 shares of Western Copper and Gold 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. 16.29% of the stock is owned by company insiders.

Western Copper and Gold Stock Performance

TSE WRN opened at C$1.51 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.52 and a current ratio of 25.74. Western Copper and Gold has a fifty-two week low of C$1.27 and a fifty-two week high of C$2.27. The stock has a market cap of C$294.63 million, a PE ratio of -50.27 and a beta of 2.04. The firm’s fifty day moving average price is C$1.51 and its two-hundred day moving average price is C$1.56.

Western Copper and Gold Company Profile

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.