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Western Copper & Gold Corp (NYSE:WRN) Given Average Recommendation of "Buy" by Analysts

Western Copper & Gold logo with Basic Materials background

Western Copper & Gold Corp (NYSE:WRN - Get Free Report) has been given a consensus rating of "Buy" by the five ratings firms that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $4.25.

Separately, HC Wainwright boosted their target price on shares of Western Copper & Gold from $4.00 to $4.25 and gave the stock a "buy" rating in a report on Friday, September 26th.

Check Out Our Latest Analysis on Western Copper & Gold

Hedge Funds Weigh In On Western Copper & Gold

A number of large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new position in shares of Western Copper & Gold during the second quarter valued at about $45,000. Dynamic Advisor Solutions LLC acquired a new position in shares of Western Copper & Gold during the third quarter valued at about $58,000. XTX Topco Ltd increased its holdings in shares of Western Copper & Gold by 317.9% during the second quarter. XTX Topco Ltd now owns 50,877 shares of the company's stock valued at $64,000 after acquiring an additional 38,704 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Western Copper & Gold by 23.1% during the second quarter. Raymond James Financial Inc. now owns 53,253 shares of the company's stock valued at $67,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Wealth Management Associates Inc. increased its holdings in shares of Western Copper & Gold by 42.8% during the second quarter. Wealth Management Associates Inc. now owns 63,400 shares of the company's stock valued at $79,000 after acquiring an additional 19,000 shares in the last quarter. 21.96% of the stock is currently owned by institutional investors.

Western Copper & Gold Stock Performance

Shares of Western Copper & Gold stock opened at $2.14 on Friday. The company has a market capitalization of $431.54 million, a PE ratio of -107.00 and a beta of 1.13. The company has a 50-day simple moving average of $1.79 and a two-hundred day simple moving average of $1.41. Western Copper & Gold has a one year low of $0.90 and a one year high of $2.56.

About Western Copper & Gold

(Get Free Report)

Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. It currently focuses on the development of the Casino Project. The company was founded on March 17, 2006 and is headquartered in Vancouver, Canada.

See Also

Analyst Recommendations for Western Copper & Gold (NYSE:WRN)

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