Western Copper & Gold (NYSE:WRN) Given Buy Rating at HC Wainwright

Western Copper & Gold (NYSE:WRN - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at HC Wainwright in a research note issued on Wednesday,Benzinga reports. They currently have a $4.25 target price on the stock. HC Wainwright's price target would suggest a potential upside of 314.63% from the company's current price.

Several other brokerages have also recently weighed in on WRN. National Bank Financial upgraded Western Copper & Gold to a "strong-buy" rating in a report on Monday, September 30th. Canaccord Genuity Group initiated coverage on Western Copper & Gold in a report on Monday, December 9th. They set a "speculative buy" rating on the stock. Canaccord Genuity Group began coverage on Western Copper & Gold in a report on Monday, December 9th. They set a "speculative buy" rating for the company. Finally, StockNews.com upgraded shares of Western Copper & Gold to a "sell" rating in a report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Western Copper & Gold has a consensus rating of "Moderate Buy" and a consensus target price of $4.25.

Western Copper & Gold Trading Down 6.0 %

NYSE:WRN traded down $0.07 during trading hours on Wednesday, reaching $1.03. 565,997 shares of the stock were exchanged, compared to its average volume of 223,100. Western Copper & Gold has a twelve month low of $0.95 and a twelve month high of $1.66. The stock has a market capitalization of $203.19 million, a PE ratio of -51.25 and a beta of 1.84. The company's 50 day simple moving average is $1.14.

Institutional Investors Weigh In On Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Euro Pacific Asset Management LLC bought a new stake in shares of Western Copper & Gold Corp (NYSE:WRN - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 695,500 shares of the company's stock, valued at approximately $828,000. Euro Pacific Asset Management LLC owned 0.35% of Western Copper & Gold as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 21.96% of the company's stock.

Western Copper & Gold Company Profile

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.