Western Copper and Gold (TSE:WRN) Raised to Moderate Buy at Cormark

Cormark upgraded shares of Western Copper and Gold (TSE:WRN) (NYSE:WRN) to a moderate buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

Other equities research 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 research note on Monday, December 9th. BMO Capital Markets set a C$3.00 target price on Western Copper and Gold and gave the company an “outperform” rating in a research note on Thursday, January 30th. Three equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$3.69.

Western Copper and Gold Stock Performance

Shares of WRN stock opened at C$1.48 on Tuesday. The firm has a 50 day moving average of C$1.52 and a 200-day moving average of C$1.56. The company has a market cap of C$288.77 million, a price-to-earnings ratio of -49.27 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. Western Copper and Gold has a 52 week low of C$1.27 and a 52 week high of C$2.27.

Insider Buying and Selling at Western Copper and Gold

In other Western Copper and Gold news, Senior Officer Paul George West-Sells sold 100,000 shares of the business’s stock in a transaction that occurred 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. Insiders own 16.29% of the company’s stock.

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.