Western Copper and Gold (NYSEAMERICAN:WRN - Free Report) TSE: WRN had its price target lifted by HC Wainwright from $3.75 to $4.25 in a report issued on Wednesday, Benzinga reports. The firm currently has a buy rating on the stock.
Western Copper and Gold Price Performance
Shares of Western Copper and Gold stock traded down $0.07 during mid-day trading on Wednesday, reaching $1.43. 323,685 shares of the stock traded hands, compared to its average volume of 196,898. Western Copper and Gold has a fifty-two week low of $0.95 and a fifty-two week high of $1.74. The stock has a market capitalization of $280.44 million, a P/E ratio of -47.67 and a beta of 1.94.
Western Copper and Gold (NYSEAMERICAN:WRN - Get Free Report) TSE: WRN last announced its earnings results on Thursday, May 9th. The company reported ($0.01) EPS for the quarter. As a group, research analysts anticipate that Western Copper and Gold will post -0.02 EPS for the current fiscal year.
Institutional Investors Weigh In On Western Copper and Gold
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rathbones Group PLC acquired a new stake in Western Copper and Gold during the third quarter worth $38,000. Carderock Capital Management Inc. purchased a new position in shares of Western Copper and Gold during the first quarter worth $44,000. National Bank of Canada FI boosted its position in shares of Western Copper and Gold by 750.0% during the fourth quarter. National Bank of Canada FI now owns 34,000 shares of the company's stock worth $45,000 after buying an additional 30,000 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of Western Copper and Gold by 379.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company's stock worth $70,000 after buying an additional 41,753 shares during the period. Finally, Sweeney & Michel LLC purchased a new position in shares of Western Copper and Gold during the first quarter worth $118,000. Institutional investors and hedge funds own 21.96% of the company's stock.
About Western Copper and Gold
(
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Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.
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