FY2024 Earnings Estimate for TSE:WRN Issued By Cormark

Western Copper and Gold Co. (TSE:WRN - Free Report) NYSE: WRN - Equities researchers at Cormark issued their FY2024 earnings estimates for shares of Western Copper and Gold in a report issued on Tuesday, February 18th. Cormark analyst S. Ioannou forecasts that the company will post earnings per share of ($0.03) for the year. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for Western Copper and Gold's current full-year earnings is ($0.01) per share. Cormark also issued estimates for Western Copper and Gold's FY2025 earnings at ($0.03) EPS.

A number of other research firms also recently commented on WRN. BMO Capital Markets set a C$3.00 target price on shares of Western Copper and Gold and gave the stock an "outperform" rating in a report on Thursday, January 30th. Canaccord Genuity Group upgraded shares of Western Copper and Gold to a "moderate buy" rating in a report on Monday, December 9th. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of C$3.69.

Western Copper and Gold Price Performance

Shares of TSE WRN traded up C$0.04 during midday trading on Thursday, reaching C$1.51. The company's stock had a trading volume of 119,515 shares, compared to its average volume of 74,331. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02. The company has a 50 day moving average price of C$1.51 and a 200 day moving average price of C$1.56. Western Copper and Gold has a one year low of C$1.27 and a one year high of C$2.27. The company has a market cap of C$294.63 million, a price-to-earnings ratio of -50.27 and a beta of 2.04.

Insider Transactions at Western Copper and Gold

In other news, Senior Officer Paul George West-Sells sold 100,000 shares of Western Copper and Gold stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of C$1.54, for a total value of C$153,600.00. 16.29% of the stock is currently owned by insiders.

Western Copper and Gold Company Profile

Western Copper & Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition, exploration, and future development of resource properties. The company is developing the Casino project into Canada's premier copper-gold mine. It holds significant gold, copper reserves in its Casino project located in the Yukon, Canada.