Stifel Canada upgraded shares of Western Copper & Gold (NYSE:WRN - Free Report) to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.
A number of other equities research analysts also recently commented on WRN. Cormark upgraded Western Copper & Gold to a "moderate buy" rating in a report on Tuesday, February 18th. Wall Street Zen upgraded Western Copper & Gold to a "sell" rating in a report on Wednesday, March 26th. Finally, HC Wainwright reiterated a "buy" rating and issued a $4.25 price objective on shares of Western Copper & Gold in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, four have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $4.25.
View Our Latest Analysis on WRN
Western Copper & Gold Price Performance
Shares of WRN remained flat at $1.37 during trading hours on Tuesday. The stock had a trading volume of 382,711 shares, compared to its average volume of 379,196. The firm has a fifty day simple moving average of $1.16 and a two-hundred day simple moving average of $1.10. The stock has a market capitalization of $274.01 million, a price-to-earnings ratio of -68.50 and a beta of 1.16. Western Copper & Gold has a twelve month low of $0.90 and a twelve month high of $1.42.
Institutional Investors Weigh In On Western Copper & Gold
Several large investors have recently modified their holdings of WRN. Raymond James Financial Inc. bought a new stake in shares of Western Copper & Gold in the fourth quarter worth about $45,000. Millstone Evans Group LLC bought a new stake in shares of Western Copper & Gold in the fourth quarter worth about $303,000. Virtu Financial LLC bought a new stake in shares of Western Copper & Gold in the fourth quarter worth about $64,000. Russell Investments Group Ltd. increased its holdings in shares of Western Copper & Gold by 12.4% in the fourth 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 in the last quarter. Finally, Dauntless Investment Group LLC bought a new stake in shares of Western Copper & Gold in the fourth quarter worth about $316,000. 21.96% of the stock is currently owned by institutional investors.
Western Copper & Gold Company Profile
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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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