HC Wainwright Weighs in on Western Copper and Gold Co.’s FY2024 Earnings (NYSEAMERICAN:WRN)

Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) – Equities research analysts at HC Wainwright issued their FY2024 earnings per share (EPS) estimates for shares of Western Copper and Gold in a research note issued to investors on Wednesday, May 22nd. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of ($0.02) for the year. HC Wainwright has a “Buy” rating and a $4.25 price objective on the stock. The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.02) per share. HC Wainwright also issued estimates for Western Copper and Gold’s FY2025 earnings at ($0.02) EPS.

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) last issued its earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter.

Western Copper and Gold Price Performance

WRN stock opened at $1.43 on Thursday. Western Copper and Gold has a twelve month low of $0.95 and a twelve month high of $1.74.

Institutional Trading of Western Copper and Gold

Several institutional investors and hedge funds have recently made changes to their positions in WRN. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Western Copper and Gold by 379.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock worth $70,000 after buying an additional 41,753 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Western Copper and Gold by 5.8% in the third quarter. Gamco Investors INC. ET AL now owns 642,070 shares of the company’s stock valued at $876,000 after acquiring an additional 35,400 shares in the last quarter. National Bank of Canada FI lifted its position in Western Copper and Gold by 750.0% in the fourth quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock valued at $45,000 after purchasing an additional 30,000 shares during the period. Rathbones Group PLC purchased a new stake in Western Copper and Gold in the 3rd quarter valued at approximately $38,000. Finally, Sweeney & Michel LLC purchased a new stake in Western Copper and Gold in the 1st quarter valued at approximately $118,000. 21.96% of the stock is owned by hedge funds and other institutional investors.

About Western Copper and Gold

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.