Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.64 and traded as high as C$2.04. Western Copper and Gold shares last traded at C$2.02, with a volume of 365,868 shares traded.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on WRN. Stifel Nicolaus set a C$5.50 price objective on Western Copper and Gold and gave the stock a "buy" rating in a research note on Wednesday, June 11th. Stifel Canada upgraded Western Copper and Gold to a "strong-buy" rating in a research note on Tuesday, June 10th. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of C$4.00.
View Our Latest Stock Analysis on Western Copper and Gold
Western Copper and Gold Price Performance
The company has a quick ratio of 5.52, a current ratio of 25.74 and a debt-to-equity ratio of 0.02. The company has a market capitalization of C$421.44 million, a P/E ratio of -104.50 and a beta of 0.83. The business has a 50 day simple moving average of C$1.79 and a 200-day simple moving average of C$1.65.
Insider Transactions at Western Copper and Gold
In other Western Copper and Gold news, Senior Officer Elena Spivak sold 33,334 shares of the firm's stock in a transaction 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. Insiders own 16.29% of the company's stock.
Western Copper and Gold Company Profile
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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.
Further Reading
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