Brokerages Set Western Copper and Gold Co. (TSE:WRN) Target Price at C$4.00

Key Points

• Western Copper and Gold Co. (TSE:WRN) has received an average rating of "Buy" from five analysts, with a price target of C$4.00.
• Senior Officer Elena Spivak sold 33,334 shares at an average price of C$1.66, and insiders currently own 16.29% of the company's stock.
• As of Thursday, Western Copper and Gold opened at C$1.69, with a market cap of C$329.75 million and a P/E ratio of -56.26.

Shares of Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN have been assigned an average recommendation of "Buy" from the five analysts that are presently covering the firm, Marketbeat.com 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 twelve-month price target among brokers that have issued a report on the stock in the last year is C$4.00.

Several research analysts have recently issued reports on WRN shares. Stifel Nicolaus set a C$5.50 target price on shares of Western Copper and Gold and gave the company a "buy" rating in a report on Wednesday, June 11th. Stifel Canada upgraded shares of Western Copper and Gold to a "strong-buy" rating in a research report on Tuesday, June 10th.

Western Copper and Gold Stock Down 1.8%

Shares of Western Copper and Gold stock traded down C$0.03 during trading hours on Thursday, hitting C$1.66. The company had a trading volume of 33,922 shares, compared to its average volume of 113,582. The company's 50-day moving average is C$1.72 and its two-hundred day moving average is C$1.60. Western Copper and Gold has a twelve month low of C$1.28 and a twelve month high of C$1.93. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. The company has a market cap of C$323.89 million, a P/E ratio of -55.26 and a beta of 2.04.

Insider Buying and Selling

In other Western Copper and Gold news, Senior Officer Elena Spivak sold 33,334 shares of the company's stock in a transaction on Friday, July 25th. The shares were sold at an average price of C$1.66, for a total transaction of C$55,334.44. 16.29% of the stock is currently owned by company insiders.

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.