Analysts Set Western Copper & Gold Corp (NYSE:WRN) Target Price at $4.25

Western Copper & Gold Corp (NYSE:WRN) has earned an average rating of “Buy” from the five ratings firms that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $4.25.

WRN has been the topic of a number of recent analyst reports. StockNews.com raised Western Copper & Gold to a “sell” rating in a research note on Wednesday, March 26th. Cormark upgraded shares of Western Copper & Gold to a “moderate buy” rating in a research report on Tuesday, February 18th. HC Wainwright reiterated a “buy” rating and set a $4.25 price objective on shares of Western Copper & Gold in a research report on Tuesday, February 18th. Finally, BMO Capital Markets assumed coverage on shares of Western Copper & Gold in a research note on Thursday, January 23rd. They set an “outperform” rating for the company.

Institutional Trading of Western Copper & Gold

Several large investors have recently modified their holdings of WRN. Raymond James Financial Inc. bought a new position in Western Copper & Gold during the fourth quarter worth $45,000. Advisory Alpha LLC acquired a new position in shares of Western Copper & Gold during the fourth quarter valued at about $48,000. Virtu Financial LLC acquired a new position in shares of Western Copper & Gold during the fourth quarter valued at about $64,000. Sweeney & Michel LLC bought a new position in shares of Western Copper & Gold during the 1st quarter worth about $87,000. Finally, Millstone Evans Group LLC acquired a new stake in shares of Western Copper & Gold in the 4th quarter valued at about $303,000. Institutional investors and hedge funds own 21.96% of the company’s stock.

Western Copper & Gold Trading Up 4.8 %

Shares of WRN opened at $1.01 on Tuesday. The company has a market capitalization of $202 million, a PE ratio of -50.50 and a beta of 1.62. The stock’s 50-day moving average price is $1.06 and its two-hundred day moving average price is $1.10. Western Copper & Gold has a 12 month low of $0.90 and a 12 month high of $1.66.

Western Copper & Gold Company Profile

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.