HC Wainwright Has Positive Outlook for WRN FY2025 Earnings

Western Copper & Gold Corp (NYSE:WRN - Free Report) - Research analysts at HC Wainwright raised their FY2025 earnings per share (EPS) estimates for Western Copper & Gold in a report issued on Wednesday, June 18th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.01) per share for the year, up from their prior estimate of ($0.02). HC Wainwright has a "Buy" rating and a $4.00 price objective on the stock. The consensus estimate for Western Copper & Gold's current full-year earnings is ($0.03) per share.

A number of other equities analysts have also recently weighed in on the company. Stifel Canada upgraded Western Copper & Gold to a "strong-buy" rating in a report on Tuesday, June 10th. Wall Street Zen raised Western Copper & Gold to a "sell" rating in a research note on Wednesday, March 26th. One research analyst has rated the stock with a sell rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Western Copper & Gold presently has an average rating of "Buy" and a consensus target price of $4.00.

Western Copper & Gold Trading Up 1.6%

NYSE:WRN traded up $0.02 during trading hours on Monday, hitting $1.24. The company had a trading volume of 313,054 shares, compared to its average volume of 372,025. The company has a 50-day moving average of $1.19 and a 200 day moving average of $1.11. The company has a market cap of $248.01 million, a P/E ratio of -62.00 and a beta of 1.16. Western Copper & Gold has a 1 year low of $0.90 and a 1 year high of $1.42.

Institutional Investors Weigh In On Western Copper & Gold

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tidal Investments LLC purchased a new stake in shares of Western Copper & Gold in the fourth quarter worth about $2,607,000. Lido Advisors LLC acquired a new stake in shares of Western Copper & Gold during the 4th quarter worth approximately $578,000. Dauntless Investment Group LLC acquired a new stake in shares of Western Copper & Gold during the 4th quarter worth approximately $316,000. Millstone Evans Group LLC acquired a new stake in shares of Western Copper & Gold during the 4th quarter worth approximately $303,000. Finally, Russell Investments Group Ltd. increased its position in Western Copper & Gold by 42.3% in the 1st quarter. Russell Investments Group Ltd. now owns 859,785 shares of the company's stock valued at $980,000 after acquiring an additional 255,642 shares during the period. Hedge funds and other institutional investors own 21.96% of the company's stock.

Western Copper & Gold Company Profile

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.