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Western Copper and Gold (NYSEAMERICAN:WRN) Stock Passes Below 50 Day Moving Average - Here's Why

Western Copper and Gold logo with Basic Materials background

Key Points

  • Western Copper and Gold's stock price has recently crossed below its 50-day moving average of $1.28, trading as low as $1.20, and closing at $1.23 with significant trading volume of 946,088 shares.
  • The company has a market capitalization of $246.68 million and a PE ratio of -123.00, indicating negative earnings.
  • Western Copper and Gold is an exploration stage company focused on developing mineral properties in Canada, particularly known for its Casino mineral property in Yukon.
  • MarketBeat previews top five stocks to own in October.

Western Copper and Gold Corporation (NYSEAMERICAN:WRN - Get Free Report) TSE: WRN's stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.28 and traded as low as $1.20. Western Copper and Gold shares last traded at $1.23, with a volume of 946,088 shares changing hands.

Western Copper and Gold Stock Performance

The firm's 50-day moving average price is $1.28. The company has a market capitalization of $248.68 million, a price-to-earnings ratio of -124.00 and a beta of 1.08.

Western Copper and Gold Company Profile

(Get Free Report)

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.

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