Western Copper & Gold Corp (NYSE:WRN - Get Free Report) has been given a consensus rating of "Buy" by the six brokerages that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $4.00.
A number of research analysts have recently issued reports on WRN shares. Stifel Canada raised shares of Western Copper & Gold to a "strong-buy" rating in a research report on Tuesday, June 10th. HC Wainwright set a $4.00 target price on shares of Western Copper & Gold and gave the stock a "buy" rating in a research note on Wednesday, June 18th.
Read Our Latest Report on Western Copper & Gold
Institutional Trading of Western Copper & Gold
Several institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Management Associates Inc. lifted its stake in Western Copper & Gold by 42.8% during the 2nd 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 during the period. SBI Securities Co. Ltd. lifted its stake in Western Copper & Gold by 25.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 93,757 shares of the company's stock valued at $117,000 after acquiring an additional 19,221 shares during the period. XTX Topco Ltd lifted its stake in Western Copper & Gold by 317.9% during the 2nd 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 during the period. Raymond James Financial Inc. acquired a new stake in Western Copper & Gold during the 4th quarter valued at approximately $45,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Western Copper & Gold by 12.4% in the 4th quarter. Russell Investments Group Ltd. now owns 604,143 shares of the company's stock valued at $634,000 after purchasing an additional 66,551 shares during the period. 21.96% of the stock is currently owned by institutional investors and hedge funds.
Western Copper & Gold Price Performance
NYSE WRN traded down $0.01 during trading on Monday, reaching $1.23. 260,385 shares of the company's stock traded hands, compared to its average volume of 361,578. The company's 50 day simple moving average is $1.28 and its two-hundred day simple moving average is $1.16. Western Copper & Gold has a 12-month low of $0.90 and a 12-month high of $1.42. The firm has a market cap of $246.68 million, a price-to-earnings ratio of -61.50 and a beta of 1.08.
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.
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