Western Copper and Gold (TSE:WRN) Price Target Raised to C$8.00

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its target price boosted by National Bank Financial from C$7.50 to C$8.00 in a report published on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Western Copper and Gold Trading Down 4.6%

Shares of Western Copper and Gold stock opened at C$2.92 on Tuesday. The stock has a market cap of C$658.85 million, a P/E ratio of 292.00 and a beta of 2.04. The company has a quick ratio of 5.52, a current ratio of 45.19 and a debt-to-equity ratio of 0.05. Western Copper and Gold has a 12-month low of C$1.64 and a 12-month high of C$5.74. The business’s 50 day moving average is C$3.53 and its 200-day moving average is C$3.92.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last released its earnings results on Friday, May 8th. The company reported C$0.01 earnings per share for the quarter. Equities research analysts predict that Western Copper and Gold 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.