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 Western Copper and Gold stock in a transaction dated Friday, July 25th. The shares were sold at an average price of C$1.66, for a total transaction of C$55,334.44.

Western Copper and Gold Stock Down 1.8%

Western Copper and Gold stock traded down C$0.03 during midday trading on Friday, hitting C$1.66. 13,108 shares of the stock were exchanged, compared to its average volume of 113,413. Western Copper and Gold Co. has a 52-week low of C$1.28 and a 52-week high of C$1.93. The stock has a market capitalization of C$323.89 million, a price-to-earnings ratio of -55.26 and a beta of 2.04. The business's 50-day moving average price is C$1.72 and its 200-day moving average price is C$1.59. The company has a quick ratio of 5.52, a current ratio of 25.74 and a debt-to-equity ratio of 0.02.

Analyst Ratings Changes

A number of research analysts have recently issued reports on WRN shares. Stifel Nicolaus set a C$5.50 price objective 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 report on Tuesday, June 10th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price 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.