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

Shares of Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN have earned an average rating of "Buy" from the five analysts that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is C$4.00.

WRN has been the subject of a number of recent research reports. Stifel Nicolaus set a C$5.50 price objective on Western Copper and Gold and gave the company a "buy" rating in a research note on Wednesday. Cormark upgraded Western Copper and Gold to a "moderate buy" rating in a research note on Tuesday, February 18th. Finally, Stifel Canada upgraded Western Copper and Gold to a "strong-buy" rating in a research note on Tuesday.

Western Copper and Gold Stock Performance

Shares of Western Copper and Gold stock traded up C$0.11 during trading hours on Wednesday, reaching C$1.88. 103,693 shares of the stock traded hands, compared to its average volume of 104,618. The company has a 50 day moving average price of C$1.57 and a 200 day moving average price of C$1.54. The firm has a market capitalization of C$366.82 million, a price-to-earnings ratio of -62.59 and a beta of 2.04. Western Copper and Gold has a one year low of C$1.28 and a one year high of C$1.88. 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 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.