Western Copper and Gold (TSE:WRN) Rating Increased to Moderate Buy at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Western Copper and Gold (TSE:WRN - Free Report) NYSE: WRN to a moderate buy rating in a research report report published on Monday,Zacks.com reports.

Several other equities analysts also recently weighed in on the stock. National Bank Financial upgraded shares of Western Copper and Gold to a "strong-buy" rating in a research note on Monday, September 30th. National Bankshares set a C$3.50 price objective on shares of Western Copper and Gold and gave the company an "outperform" rating in a research report on Tuesday, October 1st.

Western Copper and Gold Stock Down 0.6 %

Shares of WRN stock traded down C$0.01 on Monday, hitting C$1.57. The stock had a trading volume of 47,709 shares, compared to its average volume of 120,694. Western Copper and Gold has a 12-month low of C$1.27 and a 12-month high of C$2.27. The business has a 50 day moving average of C$1.61 and a 200 day moving average of C$1.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 28.49 and a quick ratio of 5.52. The stock has a market cap of C$311.21 million, a price-to-earnings ratio of -39.50 and a beta of 2.04.

Insider Buying and Selling at Western Copper and Gold

In other news, Senior Officer Paul George West-Sells sold 100,000 shares of the business's stock in a transaction 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. Insiders own 16.29% of the company's stock.

Western Copper and 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.