Western Copper & Gold Corp (NYSE:WRN - Get Free Report) has received an average recommendation of "Buy" from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $4.00.
A number of equities research analysts have recently issued reports on the stock. Stifel Canada raised shares of Western Copper & Gold to a "strong-buy" rating in a report on Tuesday, June 10th. Wall Street Zen raised shares of Western Copper & Gold to a "sell" rating in a research report on Wednesday, March 26th. Finally, HC Wainwright set a $4.00 price target on shares of Western Copper & Gold and gave the stock a "buy" rating in a research report on Wednesday, June 18th.
Get Our Latest Stock Report on Western Copper & Gold
Western Copper & Gold Trading Down 1.6%
NYSE WRN traded down $0.02 on Thursday, hitting $1.25. 197,366 shares of the company's stock traded hands, compared to its average volume of 370,695. The firm has a market capitalization of $250.94 million, a PE ratio of -62.50 and a beta of 1.17. The firm's 50-day moving average price is $1.23 and its two-hundred day moving average price is $1.13. Western Copper & Gold has a 1-year low of $0.90 and a 1-year high of $1.42.
Institutional Trading of Western Copper & Gold
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of Western Copper & Gold during the 4th quarter worth about $45,000. Millstone Evans Group LLC purchased a new position in Western Copper & Gold in the 4th quarter worth approximately $303,000. Virtu Financial LLC purchased a new position in Western Copper & Gold in the 4th quarter worth approximately $64,000. Russell Investments Group Ltd. boosted its holdings in Western Copper & Gold by 12.4% in the 4th quarter. Russell Investments Group Ltd. now owns 604,143 shares of the company's stock worth $634,000 after acquiring an additional 66,551 shares during the period. Finally, Dauntless Investment Group LLC purchased a new position in Western Copper & Gold in the 4th quarter worth approximately $316,000. Hedge funds and other institutional investors own 21.96% of the company's stock.
About Western Copper & Gold
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Get Free ReportWestern 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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