Brokerages Set Western Copper & Gold Corp (NYSE:WRN) PT at $4.00

Shares of Western Copper & Gold Corp (NYSE:WRN - Get Free Report) have received an average recommendation of "Buy" from the six analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $4.00.

Several research analysts have weighed in on the company. Stifel Canada raised 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 company a "buy" rating in a research note on Wednesday, June 18th. Finally, Wall Street Zen upgraded Western Copper & Gold to a "sell" rating in a research note on Wednesday, March 26th.

Western Copper & Gold Stock Performance

WRN traded down $0.01 on Friday, hitting $1.22. 207,750 shares of the company were exchanged, compared to its average volume of 372,526. The stock's fifty day moving average is $1.19 and its 200-day moving average is $1.10. Western Copper & Gold has a 12 month low of $0.90 and a 12 month high of $1.42. The company has a market cap of $244.01 million, a PE ratio of -61.00 and a beta of 1.16.

Institutional Trading of Western Copper & Gold

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Tidal Investments LLC acquired a new stake in Western Copper & Gold during the fourth quarter worth approximately $2,607,000. Lido Advisors LLC acquired a new position in shares of Western Copper & Gold in the fourth quarter valued at approximately $578,000. Dauntless Investment Group LLC bought a new position in shares of Western Copper & Gold during the fourth quarter worth approximately $316,000. Millstone Evans Group LLC acquired a new stake in Western Copper & Gold during the 4th quarter worth approximately $303,000. Finally, Russell Investments Group Ltd. lifted its holdings in Western Copper & Gold by 42.3% during the 1st quarter. Russell Investments Group Ltd. now owns 859,785 shares of the company's stock worth $980,000 after purchasing an additional 255,642 shares during the last quarter. Institutional investors own 21.96% of the company's stock.

Western Copper & Gold Company Profile

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.