Western Copper & Gold (NYSE:WRN) Upgraded by StockNews.com to "Sell" Rating

StockNews.com upgraded shares of Western Copper & Gold (NYSE:WRN - Free Report) to a sell rating in a research report report published on Wednesday.

A number of other research firms have also weighed in on WRN. HC Wainwright reaffirmed a "buy" rating and issued a $4.25 price objective on shares of Western Copper & Gold in a research note on Tuesday, February 18th. Canaccord Genuity Group started coverage on Western Copper & Gold in a research note on Monday, December 9th. They set a "speculative buy" rating for the company. Cormark raised Western Copper & Gold to a "moderate buy" rating in a research note on Tuesday, February 18th. 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, BMO Capital Markets assumed coverage on Western Copper & Gold in a research report on Thursday, January 23rd. They issued an "outperform" rating for the company. One research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Western Copper & Gold currently has a consensus rating of "Moderate Buy" and an average price target of $4.25.

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Western Copper & Gold Stock Performance

NYSE:WRN remained flat at $1.17 on Wednesday. The company's stock had a trading volume of 298,998 shares, compared to its average volume of 299,481. The company has a market cap of $234 million, a P/E ratio of -58.50 and a beta of 1.77. Western Copper & Gold has a 1-year low of $0.98 and a 1-year high of $1.66. The company's 50 day moving average price is $1.07 and its two-hundred day moving average price is $1.11.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Advisory Alpha LLC purchased a new position in shares of Western Copper & Gold during the 4th quarter valued at $48,000. Euro Pacific Asset Management LLC increased its holdings in shares of Western Copper & Gold by 57.4% in the 4th quarter. Euro Pacific Asset Management LLC now owns 1,094,474 shares of the company's stock worth $1,149,000 after buying an additional 398,974 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Western Copper & Gold during the fourth quarter valued at about $45,000. Millstone Evans Group LLC bought a new stake in Western Copper & Gold in the 4th quarter worth approximately $303,000. Finally, Virtu Financial LLC purchased a new stake in shares of Western Copper & Gold in the 4th quarter valued at $64,000. Institutional investors own 21.96% of the company's stock.

Western Copper & Gold Company Profile

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.