Western Copper and Gold Co. (TSE:WRN) Given Consensus Recommendation of "Buy" by Brokerages

Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN has earned a consensus recommendation of "Buy" from the five analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$4.00.

A number of brokerages have weighed in on WRN. Stifel Canada raised shares of Western Copper and Gold to a "strong-buy" rating in a research note on Tuesday, June 10th. Stifel Nicolaus set a C$5.50 price target on shares of Western Copper and Gold and gave the company a "buy" rating in a research note on Wednesday, June 11th.

Western Copper and Gold Price Performance

Shares of TSE:WRN traded up C$0.04 during midday trading on Friday, reaching C$1.72. 9,721 shares of the company's stock were exchanged, compared to its average volume of 111,963. The company's 50 day simple moving average is C$1.65 and its two-hundred day simple moving average is C$1.56. The firm has a market capitalization of C$335.60 million, a PE ratio of -57.26 and a beta of 2.04. Western Copper and Gold has a 12 month low of C$1.28 and a 12 month high of C$1.93. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.52 and a current ratio of 25.74.

About Western Copper and Gold

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.