Tidal Investments LLC acquired a new stake in shares of Western Copper & Gold Corp (NYSE:WRN - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,482,391 shares of the company's stock, valued at approximately $2,607,000. Tidal Investments LLC owned 1.25% of Western Copper & Gold at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Western Copper & Gold during the fourth quarter valued at $45,000. Advisory Alpha LLC bought a new stake in Western Copper & Gold during the 4th quarter valued at about $48,000. Virtu Financial LLC bought a new stake in Western Copper & Gold during the 4th quarter valued at about $64,000. Millstone Evans Group LLC bought a new stake in shares of Western Copper & Gold in the 4th quarter valued at about $303,000. Finally, Dauntless Investment Group LLC bought a new stake in shares of Western Copper & Gold in the 4th quarter valued at about $316,000. 21.96% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have recently issued reports on WRN. Wall Street Zen raised shares of Western Copper & Gold to a "sell" rating in a research report on Wednesday, March 26th. Cormark raised shares of Western Copper & Gold to a "moderate buy" rating in a report on Tuesday, February 18th. Finally, HC Wainwright reiterated a "buy" rating and issued a $4.25 target price on shares of Western Copper & Gold in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $4.25.
Check Out Our Latest Analysis on Western Copper & Gold
Western Copper & Gold Trading Down 5.0%
NYSE:WRN traded down $0.06 during trading hours on Wednesday, reaching $1.13. 120,152 shares of the company were exchanged, compared to its average volume of 372,108. Western Copper & Gold Corp has a twelve month low of $0.90 and a twelve month high of $1.42. The firm has a market cap of $226.00 million, a PE ratio of -56.50 and a beta of 1.22. The stock's 50-day moving average is $1.11 and its 200-day moving average is $1.09.
Western Copper & Gold Company Profile
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Free Report)
Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. It currently focuses on the development of the Casino Project. The company was founded on March 17, 2006 and is headquartered in Vancouver, Canada.
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