Western Copper and Gold Co. (TSE:WRN) Receives Average Recommendation of "Buy" from Brokerages

Shares of Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN have been given an average recommendation of "Buy" by the five ratings firms that are currently covering the firm, Marketbeat reports. Three equities 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 analysts that have covered the stock in the last year is C$4.00.

A number of brokerages recently issued reports on WRN. Stifel Nicolaus set a C$5.50 price objective on Western Copper and Gold and gave the stock a "buy" rating in a research report on Wednesday, June 11th. Stifel Canada upgraded Western Copper and Gold to a "strong-buy" rating in a research report on Tuesday, June 10th.

Western Copper and Gold Price Performance

Shares of WRN stock traded up C$0.09 on Friday, reaching C$1.76. The company's stock had a trading volume of 185,476 shares, compared to its average volume of 112,621. The company has a quick ratio of 5.52, a current ratio of 25.74 and a debt-to-equity ratio of 0.02. 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 market capitalization of C$343.41 million, a P/E ratio of -58.59 and a beta of 2.04. The stock's 50 day simple moving average is C$1.66 and its 200-day simple moving average is C$1.57.

Western Copper and Gold Company Profile

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.