Western Copper and Gold (NYSEAMERICAN:WRN) Shares Up 3.3% – Should You Buy?

Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) shot up 3.3% on Friday . The company traded as high as $2.97 and last traded at $2.9550. 422,910 shares were traded during mid-day trading, a decline of 29% from the average session volume of 594,254 shares. The stock had previously closed at $2.86.

Western Copper and Gold Price Performance

The stock’s fifty day simple moving average is $2.33 and its two-hundred day simple moving average is $1.79. The company has a market capitalization of $604.16 million, a price-to-earnings ratio of -299.00 and a beta of 1.06.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.