Herr Investment Group LLC lessened its holdings in shares of Western Copper & Gold Corp (NYSE:WRN – Free Report) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,552,749 shares of the company’s stock after selling 115,067 shares during the period. Herr Investment Group LLC owned 0.78% of Western Copper & Gold worth $1,786,000 at the end of the most recent reporting period.
Separately, Rathbones Group PLC bought a new stake in shares of Western Copper & Gold in the 2nd quarter worth approximately $31,000. 21.96% of the stock is owned by institutional investors and hedge funds.
Western Copper & Gold Stock Up 5.0 %
Shares of WRN stock opened at $1.26 on Friday. The firm has a market cap of $249.72 million, a price-to-earnings ratio of -42.00 and a beta of 1.84. Western Copper & Gold Corp has a 1 year low of $0.95 and a 1 year high of $1.66.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the company. StockNews.com upgraded Western Copper & Gold to a “sell” rating in a research report on Wednesday, September 11th. HC Wainwright restated a “buy” rating and issued a $4.25 target price on shares of Western Copper & Gold in a research report on Tuesday.
Get Our Latest Stock Report on Western Copper & Gold
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.
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