Western Copper and Gold Co. (TSE:WRN) Receives C$4.00 Consensus PT from Analysts

Shares of Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) have received a consensus recommendation of “Buy” from the five research firms that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$4.00.

A number of brokerages recently issued reports on WRN. Stifel Canada upgraded shares of Western Copper and Gold to a “strong-buy” rating in a report on Tuesday. Stifel Nicolaus set a C$5.50 price objective on Western Copper and Gold and gave the company a “buy” rating in a report on Wednesday. Finally, Cormark raised Western Copper and Gold to a “moderate buy” rating in a research note on Tuesday, February 18th.

Western Copper and Gold Trading Up 1.6%

Western Copper and Gold stock opened at C$1.85 on Wednesday. Western Copper and Gold has a 12 month low of C$1.28 and a 12 month high of C$1.93. The company has a quick ratio of 5.52, a current ratio of 25.74 and a debt-to-equity ratio of 0.02. The stock has a market cap of C$360.97 million, a P/E ratio of -61.59 and a beta of 2.04. The company’s fifty day simple moving average is C$1.59 and its 200-day simple moving average is C$1.55.

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.