Western Copper and Gold (TSE:WRN) Raised to Strong-Buy at BMO Capital Markets

Western Copper and Gold (TSE:WRN - Get Free Report) NYSE: WRN was upgraded by equities researchers at BMO Capital Markets to a "strong-buy" rating in a report issued on Thursday,Zacks.com reports.

Other equities analysts also recently issued reports about the stock. Canaccord Genuity Group raised shares of Western Copper and Gold to a "moderate buy" rating in a report on Monday, December 9th. National Bankshares set a C$3.50 price target on shares of Western Copper and Gold and gave the stock an "outperform" rating in a research report on Tuesday, October 1st. Finally, National Bank Financial raised shares of Western Copper and Gold to a "strong-buy" rating in a research note on Monday, September 30th. Two analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Strong Buy" and a consensus price target of C$3.92.

Western Copper and Gold Trading Down 3.4 %

Shares of TSE:WRN traded down C$0.05 during mid-day trading on Thursday, hitting C$1.41. The stock had a trading volume of 100,529 shares, compared to its average volume of 76,501. Western Copper and Gold has a 12-month low of C$1.27 and a 12-month high of C$2.27. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.52 and a current ratio of 28.49. The company has a market cap of C$279.49 million, a PE ratio of -35.25 and a beta of 2.04. The company's 50 day moving average is C$1.54 and its 200-day moving average is C$1.57.

Insider Buying and Selling at Western Copper and Gold

In related news, Senior Officer Paul George West-Sells sold 100,000 shares of the firm's stock in a transaction on Friday, December 6th. The stock was sold at an average price of C$1.54, for a total transaction of C$153,600.00. Company insiders own 16.29% of the company's stock.

Western Copper and Gold Company Profile

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.