Western Copper and Gold (NYSEAMERICAN:WRN) Stock Price Passes Above 50 Day Moving Average of $0.00

Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.00 and traded as high as $1.42. Western Copper and Gold shares last traded at $1.40, with a volume of 102,858 shares.

Western Copper and Gold Trading Down 0.7 %

The firm has a market capitalization of $236.45 million, a P/E ratio of -46.67 and a beta of 1.92.

Hedge Funds Weigh In On Western Copper and Gold

A number of large investors have recently added to or reduced their stakes in the company. FMR LLC grew its stake in shares of Western Copper and Gold by 25.0% during the first quarter. FMR LLC now owns 10,000,000 shares of the company’s stock worth $18,202,000 after acquiring an additional 2,000,000 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Western Copper and Gold by 2.8% during the first quarter. Franklin Resources Inc. now owns 4,780,000 shares of the company’s stock worth $8,700,000 after acquiring an additional 130,000 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Western Copper and Gold by 2.1% during the fourth quarter. Gamco Investors INC. ET AL now owns 655,370 shares of the company’s stock worth $872,000 after acquiring an additional 13,300 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Western Copper and Gold by 784.8% during the first quarter. Renaissance Technologies LLC now owns 496,363 shares of the company’s stock worth $1,172,000 after acquiring an additional 440,263 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in shares of Western Copper and Gold during the first quarter worth about $1,064,000. 21.96% of the stock is currently owned by institutional investors.

About Western Copper and Gold

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.