Dauntless Investment Group LLC Makes New $316,000 Investment in Western Copper & Gold Corp (NYSE:WRN)

Dauntless Investment Group LLC bought a new position in shares of Western Copper & Gold Corp (NYSE:WRN - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 300,492 shares of the company's stock, valued at approximately $316,000. Dauntless Investment Group LLC owned 0.15% of Western Copper & Gold as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Euro Pacific Asset Management LLC boosted its holdings in Western Copper & Gold by 57.4% during the fourth quarter. Euro Pacific Asset Management LLC now owns 1,094,474 shares of the company's stock worth $1,149,000 after purchasing an additional 398,974 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in shares of Western Copper & Gold in the fourth quarter valued at about $303,000. Russell Investments Group Ltd. raised its holdings in Western Copper & Gold by 12.4% during 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. Virtu Financial LLC acquired a new position in Western Copper & Gold during the fourth quarter valued at approximately $64,000. Finally, Advisory Alpha LLC acquired a new position in Western Copper & Gold during the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 21.96% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WRN shares. StockNews.com upgraded Western Copper & Gold to a "sell" rating in a research note on Wednesday, March 26th. HC Wainwright reissued a "buy" rating and issued a $4.25 price objective on shares of Western Copper & Gold in a research report on Friday, April 11th. BMO Capital Markets began coverage on shares of Western Copper & Gold in a report on Thursday, January 23rd. They issued an "outperform" rating on the stock. Finally, Cormark upgraded Western Copper & Gold to a "moderate buy" rating in a report on Tuesday, February 18th. One equities research 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, Western Copper & Gold presently has an average rating of "Moderate Buy" and a consensus target price of $4.25.

Western Copper & Gold Stock Performance

WRN traded down $0.02 on Tuesday, reaching $1.10. The company had a trading volume of 57,642 shares, compared to its average volume of 333,426. The company's fifty day moving average is $1.08 and its 200 day moving average is $1.09. The stock has a market cap of $220.88 million, a P/E ratio of -55.22 and a beta of 1.62. Western Copper & Gold Corp has a fifty-two week low of $0.90 and a fifty-two week high of $1.66.

About Western Copper & Gold

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.