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Western Copper and Gold (NYSEAMERICAN:WRN) Share Price Crosses Below 50 Day Moving Average - What's Next?

Western Copper and Gold logo with Basic Materials background

Key Points

  • Western Copper and Gold Corporation's shares fell below the fifty-day moving average of $1.26, trading as low as $1.22 before closing at $1.23.
  • The company has a market capitalization of $246.92 million and operates as an exploration stage company focused on gold, copper, silver, and molybdenum deposits in Canada.
  • Western Copper's P/E ratio is currently reported at -61.50, indicating it is operating at a loss.
  • MarketBeat previews the top five stocks to own by September 1st.

Western Copper and Gold Corporation (NYSEAMERICAN:WRN - Get Free Report) TSE: WRN's share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.26 and traded as low as $1.22. Western Copper and Gold shares last traded at $1.23, with a volume of 392,175 shares traded.

Western Copper and Gold Stock Up 3.8%

The firm's fifty day moving average price is $1.26. The stock has a market cap of $249.68 million, a price-to-earnings ratio of -62.25 and a beta of 1.08.

About Western Copper and Gold

(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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