BMO Capital Markets Increases Western Copper and Gold (TSE:WRN) Price Target to C$5.50

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its target price lifted by investment analysts at BMO Capital Markets from C$5.00 to C$5.50 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 17.27% from the company’s current price.

Separately, National Bank Financial raised their target price on Western Copper and Gold from C$5.50 to C$7.50 in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy” and a consensus price target of C$6.17.

Western Copper and Gold Stock Up 2.2%

Shares of TSE WRN opened at C$4.69 on Friday. 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 firm has a market cap of C$952.12 million, a PE ratio of -234.50 and a beta of 1.79. The company’s fifty day simple moving average is C$4.44 and its 200 day simple moving average is C$3.35. Western Copper and Gold has a 12-month low of C$1.28 and a 12-month high of C$5.74.

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.