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Cormark Has Pessimistic Outlook of TSE:WRN FY2025 Earnings

Western Copper and Gold logo with Basic Materials background

Western Copper and Gold Co. (TSE:WRN - Free Report) NYSE: WRN - Cormark dropped their FY2025 earnings per share estimates for shares of Western Copper and Gold in a research report issued to clients and investors on Tuesday, June 17th. Cormark analyst S. Ioannou now forecasts that the company will post earnings per share of ($0.05) for the year, down from their previous estimate of ($0.03). 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 FY2026 earnings at ($0.05) EPS.

Several other brokerages have also commented on WRN. Stifel Canada raised Western Copper and Gold to a "strong-buy" rating in a research note on Tuesday, June 10th. Stifel Nicolaus set a C$5.50 target price on Western Copper and Gold and gave the company a "buy" rating in a research note on Wednesday, June 11th. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Western Copper and Gold currently has an average rating of "Buy" and an average price target of C$4.00.

Read Our Latest Analysis on Western Copper and Gold

Western Copper and Gold Price Performance

Shares of TSE:WRN traded down C$0.15 during trading on Thursday, hitting C$1.65. 221,935 shares of the stock were exchanged, compared to its average volume of 111,720. The company has a fifty day moving average price of C$1.63 and a two-hundred day moving average price of C$1.55. The company has a market cap of C$321.94 million, a PE ratio of -54.93 and a beta of 2.04. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02. Western Copper and Gold has a 12-month low of C$1.28 and a 12-month high of C$1.93.

Western Copper and Gold Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Western Copper and Gold (TSE:WRN)

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