Western Copper and Gold Co. (TSE:WRN) Receives Average Rating of “Buy” from Analysts

Shares of Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) have been assigned an average recommendation of “Buy” from the four brokerages that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$3.69.

A number of research firms have issued reports on WRN. 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 Western Copper and Gold and gave the company an “outperform” rating in a research note on Thursday, January 30th. Finally, Cormark raised Western Copper and Gold to a “moderate buy” rating in a research note on Tuesday, February 18th.

Western Copper and Gold Price Performance

Shares of TSE WRN opened at C$1.50 on Friday. Western Copper and Gold has a fifty-two week low of C$1.40 and a fifty-two week high of C$2.27. 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 business has a fifty day moving average price of C$1.51 and a two-hundred day moving average price of C$1.56. The stock has a market capitalization of C$292.68 million, a PE ratio of -49.94 and a beta of 2.04.

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.