Western Copper and Gold Co. (TSE:WRN) Senior Officer Sells C$55,334.44 in Stock

Key Points

• Senior Officer Elena Spivak of Western Copper and Gold Co. sold 33,334 shares at an average price of C$1.66, totaling C$55,334.44.
• The company's stock has experienced a decline of 1.1%, trading at C$1.79, while holding a market capitalization of C$349.26 million.
• Several analysts have issued a "strong-buy" rating for the stock, with a consensus price target of C$4.00, indicating expected growth potential.

Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN Senior Officer Elena Spivak sold 33,334 shares of the stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of C$1.66, for a total value of C$55,334.44.

Western Copper and Gold Stock Performance

WRN stock traded down C$0.09 during midday trading on Wednesday, reaching C$1.69. 123,164 shares of the company's stock traded hands, compared to its average volume of 114,029. The company has a 50-day moving average price of C$1.72 and a two-hundred day moving average price of C$1.59. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.52 and a current ratio of 25.74. Western Copper and Gold Co. has a 52 week low of C$1.28 and a 52 week high of C$1.93. The firm has a market capitalization of C$329.75 million, a PE ratio of -56.26 and a beta of 2.04.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. 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 report on Wednesday, June 11th. Stifel Canada raised shares of Western Copper and Gold to a "strong-buy" rating in a research report on Tuesday, June 10th. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$4.00.

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.