550,896 Shares in Western Copper & Gold Corp (NYSE:WRN) Acquired by Lido Advisors LLC

Lido Advisors LLC acquired a new position in Western Copper & Gold Corp (NYSE:WRN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 550,896 shares of the company's stock, valued at approximately $578,000. Lido Advisors LLC owned approximately 0.28% of Western Copper & Gold as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Advisory Alpha LLC bought a new position in shares of Western Copper & Gold in the 4th quarter valued at about $48,000. Euro Pacific Asset Management LLC grew its stake in Western Copper & Gold by 57.4% in the fourth quarter. Euro Pacific Asset Management LLC now owns 1,094,474 shares of the company's stock valued at $1,149,000 after purchasing an additional 398,974 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Western Copper & Gold during the 4th quarter worth approximately $45,000. Millstone Evans Group LLC acquired a new stake in shares of Western Copper & Gold in the 4th quarter valued at approximately $303,000. Finally, Virtu Financial LLC acquired a new stake in shares of Western Copper & Gold in the 4th quarter valued at approximately $64,000. Institutional investors and hedge funds own 21.96% of the company's stock.

Western Copper & Gold Stock Performance

NYSE:WRN traded up $0.04 during mid-day trading on Friday, hitting $1.16. 168,838 shares of the stock were exchanged, compared to its average volume of 325,340. The firm's 50-day simple moving average is $1.09 and its 200 day simple moving average is $1.09. Western Copper & Gold Corp has a fifty-two week low of $0.90 and a fifty-two week high of $1.66. The stock has a market capitalization of $232.00 million, a price-to-earnings ratio of -58.00 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WRN. BMO Capital Markets initiated coverage on shares of Western Copper & Gold in a research report on Thursday, January 23rd. They set an "outperform" rating on the stock. Cormark raised shares of Western Copper & Gold to a "moderate buy" rating in a report on Tuesday, February 18th. StockNews.com upgraded Western Copper & Gold to a "sell" rating in a report on Wednesday, March 26th. Finally, HC Wainwright reiterated a "buy" rating and set a $4.25 target price on shares of Western Copper & Gold in a research note on Friday, April 11th. One analyst has rated the stock with a sell rating, four have assigned 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 a consensus price target of $4.25.

Western Copper & Gold 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.