Western Copper & Gold Corp (NYSE:WRN - Get Free Report) was up 5% during trading on Tuesday . The stock traded as high as $1.06 and last traded at $1.06. Approximately 311,117 shares were traded during trading, a decline of 4% from the average daily volume of 322,810 shares. The stock had previously closed at $1.01.
Analyst Ratings Changes
A number of brokerages have recently weighed in on WRN. StockNews.com upgraded shares of Western Copper & Gold to a "sell" rating in a report on Tuesday, October 15th. Canaccord Genuity Group started coverage on Western Copper & Gold in a report on Monday, December 9th. They set a "speculative buy" rating for the company. Canaccord Genuity Group began coverage on shares of Western Copper & Gold in a research note on Monday, December 9th. They set a "speculative buy" rating on the stock. HC Wainwright reaffirmed a "buy" rating and issued a $4.25 target price on shares of Western Copper & Gold in a report on Wednesday, December 18th. Finally, National Bank Financial raised Western Copper & Gold to a "strong-buy" rating in a research note on Monday, September 30th. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Western Copper & Gold presently has an average rating of "Moderate Buy" and a consensus target price of $4.25.
Check Out Our Latest Analysis on WRN
Western Copper & Gold Stock Performance
The company has a market cap of $202.36 million, a price-to-earnings ratio of -51.00 and a beta of 1.83. The company's fifty day moving average price is $1.08.
Institutional Investors Weigh In On Western Copper & Gold
A hedge fund recently bought a new stake in Western Copper & Gold stock. Advisory Alpha LLC bought a new position in shares of Western Copper & Gold Corp (NYSE:WRN - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 45,991 shares of the company's stock, valued at approximately $48,000. 21.96% of the stock is currently owned by hedge funds and other institutional investors.
About Western Copper & Gold
(
Get Free Report)
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.
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