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Western Copper and Gold (TSE:WRN) Reaches New 12-Month High - Here's What Happened

Western Copper and Gold logo with Basic Materials background

Key Points

  • Western Copper and Gold shares reached a new 12-month high, trading at C$3.34, up from the previous close of C$3.07, with a trading volume of 583,005 shares.
  • The company, with a market capitalization of C$663.42 million, is focused on developing the Casino project, which holds significant copper and gold reserves in Yukon, Canada.
  • Insider activity included the sale of 33,334 shares by Senior Officer Elena Spivak at an average price of C$1.66, indicating 16.29% of the stock is owned by insiders.
  • Five stocks we like better than Western Copper and Gold.

Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN shares hit a new 52-week high on Tuesday . The stock traded as high as C$3.35 and last traded at C$3.34, with a volume of 583005 shares changing hands. The stock had previously closed at C$3.07.

Western Copper and Gold Stock Performance

The company has a 50-day moving average price of C$2.24 and a two-hundred day moving average price of C$1.85. The stock has a market capitalization of C$663.42 million, a P/E ratio of -164.50 and a beta of 1.26. The company has a quick ratio of 5.52, a current ratio of 25.74 and a debt-to-equity ratio of 0.02.

Insider Activity at Western Copper and Gold

In other news, Senior Officer Elena Spivak sold 33,334 shares of the business'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 owned by company insiders.

Western Copper and Gold Company Profile

(Get Free Report)

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.

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