Western Copper and Gold Co. (TSE:WRN) Given Consensus Recommendation of "Buy" by Brokerages

Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN has earned a consensus recommendation of "Buy" from the four research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$3.69.

Several analysts recently issued reports on the stock. Cormark upgraded shares of Western Copper and Gold to a "moderate buy" rating in a report on Tuesday, February 18th. Canaccord Genuity Group upgraded shares of Western Copper and Gold to a "moderate buy" rating in a report on Monday, December 9th. Finally, BMO Capital Markets set a C$3.00 target price on shares of Western Copper and Gold and gave the company an "outperform" rating in a report on Thursday, January 30th.

Western Copper and Gold Price Performance

TSE WRN traded up C$0.07 during trading hours on Friday, hitting C$1.63. 108,017 shares of the company's stock traded hands, compared to its average volume of 92,111. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. The firm's 50-day moving average is C$1.50 and its 200-day moving average is C$1.56. Western Copper and Gold has a 52-week low of C$1.40 and a 52-week high of C$2.27. The company has a market capitalization of C$318.04 million, a PE ratio of -54.26 and a beta of 2.04.

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About Western Copper and Gold

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.