FY2024 EPS Estimates for TSE:WRN Lowered by HC Wainwright

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) – Analysts at HC Wainwright lowered their FY2024 EPS estimates for shares of Western Copper and Gold in a research report issued to clients and investors on Wednesday, December 18th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.04) per share for the year, down from their prior estimate of ($0.03). The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.01) per share.

A number of other equities research analysts also recently issued reports on WRN. National Bankshares set a C$3.50 price target on shares of Western Copper and Gold and gave the stock an “outperform” rating in a report on Tuesday, October 1st. Canaccord Genuity Group raised shares of Western Copper and Gold to a “moderate buy” rating in a report on Monday, December 9th. Finally, National Bank Financial upgraded shares of Western Copper and Gold to a “strong-buy” rating in a research report on Monday, September 30th.

Western Copper and Gold Trading Up 2.1 %

Shares of WRN stock opened at C$1.49 on Monday. The stock has a market capitalization of C$295.35 million, a price-to-earnings ratio of -37.25 and a beta of 2.04. The company’s fifty day simple moving average is C$1.59 and its two-hundred day simple moving average is C$1.59. 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 debt-to-equity ratio of 0.04, a current ratio of 28.49 and a quick ratio of 5.52.

Insider Buying and Selling at Western Copper and Gold

In related 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 transaction of C$153,600.00. 16.29% of the stock is currently owned by corporate insiders.

Western Copper and Gold Company Profile

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.