Western Copper and Gold Co. (TSE:WRN - Get Free Report) NYSE: WRN shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.56 and traded as high as C$1.60. Western Copper and Gold shares last traded at C$1.56, with a volume of 45,375 shares traded.
Wall Street Analyst Weigh In
Several analysts have weighed in on WRN shares. BMO Capital Markets set a C$3.00 price objective on shares of Western Copper and Gold and gave the stock an "outperform" rating in a research note on Thursday, January 30th. Canaccord Genuity Group raised Western Copper and Gold to a "moderate buy" rating in a research report on Monday, December 9th. Three analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of C$3.69.
Get Our Latest Stock Report on Western Copper and Gold
Western Copper and Gold Stock Performance
The stock has a market cap of C$302.43 million, a price-to-earnings ratio of -51.60 and a beta of 2.04. The company has a quick ratio of 5.52, a current ratio of 25.74 and a debt-to-equity ratio of 0.02. The company has a 50 day simple moving average of C$1.52 and a 200 day simple moving average of C$1.56.
Insider Activity
In related 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 transaction of C$153,600.00. 16.29% of the stock is owned by corporate insiders.
About Western Copper and Gold
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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.
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