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Western Copper & Gold (NYSE:WRN) Coverage Initiated at BMO Capital Markets

Western Copper & Gold logo with Basic Materials background

BMO Capital Markets started coverage on shares of Western Copper & Gold (NYSE:WRN - Free Report) in a report issued on Thursday morning, Marketbeat Ratings reports. The brokerage issued an outperform rating on the stock.

Other equities analysts have also issued research reports about the stock. Canaccord Genuity Group initiated coverage on shares of Western Copper & Gold in a research report on Monday, December 9th. They set a "speculative buy" rating for the company. Canaccord Genuity Group assumed coverage on shares of Western Copper & Gold in a report on Monday, December 9th. They set a "speculative buy" rating for the company. HC Wainwright reaffirmed a "buy" rating and issued a $4.25 price target on shares of Western Copper & Gold in a report on Wednesday, December 18th. StockNews.com raised Western Copper & Gold to a "sell" rating in a research note on Tuesday, October 15th. Finally, National Bank Financial raised Western Copper & Gold to a "strong-buy" rating in a research report on Monday, September 30th. One investment analyst has rated the stock with a sell rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $4.25.

View Our Latest Stock Analysis on WRN

Western Copper & Gold Price Performance

NYSE:WRN traded down $0.01 during midday trading on Thursday, hitting $1.01. 163,434 shares of the stock were exchanged, compared to its average volume of 303,510. Western Copper & Gold has a one year low of $0.95 and a one year high of $1.66. The company's 50-day moving average price is $1.08. The company has a market cap of $200.37 million, a P/E ratio of -50.50 and a beta of 1.83.

Institutional Trading of Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Advisory Alpha LLC purchased a new stake in shares of Western Copper & Gold Corp (NYSE:WRN - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 45,991 shares of the company's stock, valued at approximately $48,000. Institutional investors own 21.96% of the company's stock.

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.

Further Reading

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

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