Western Copper and Gold (TSE:WRN) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.69 and traded as high as C$3.92. Western Copper and Gold shares last traded at C$3.81, with a volume of 296,114 shares.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. BMO Capital Markets upped their price target on shares of Western Copper and Gold from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a report on Friday, February 27th. National Bank Financial upped their price target on shares of Western Copper and Gold from C$5.50 to C$7.50 in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, Western Copper and Gold currently has a consensus rating of “Strong Buy” and a consensus target price of C$6.17.

Western Copper and Gold Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.52 and a current ratio of 19.69. The firm’s 50 day simple moving average is C$4.00 and its 200 day simple moving average is C$3.69. The firm has a market capitalization of C$859.65 million, a price-to-earnings ratio of 190.50 and a beta of 1.86.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last announced its quarterly earnings data on Thursday, March 26th. The company reported C$0.01 EPS for the quarter. Sell-side analysts forecast that Western Copper and Gold Co. will post -0.01 earnings per share for the current fiscal year.

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.