Western Copper and Gold (TSE:WRN) Upgraded at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Western Copper and Gold (TSE:WRN) (NYSE:WRN) to a moderate buy rating in a research report report published on Monday morning,Zacks.com reports.

Several other equities research analysts have also recently issued reports on WRN. National Bank Financial upgraded Western Copper and Gold to a “strong-buy” rating in a research note on Monday, September 30th. National Bankshares set a C$3.50 target price on Western Copper and Gold and gave the company an “outperform” rating in a research report on Tuesday, October 1st.

Western Copper and Gold Price Performance

TSE:WRN opened at C$1.56 on Monday. Western Copper and Gold has a 52 week low of C$1.27 and a 52 week high of C$2.27. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.52 and a current ratio of 28.49. The firm’s 50-day simple moving average is C$1.61 and its 200 day simple moving average is C$1.61. The firm has a market cap of C$309.22 million, a price-to-earnings ratio of -39.00 and a beta of 2.04.

Insider Buying and Selling at Western Copper and Gold

In other Western Copper and Gold news, Senior Officer Paul George West-Sells sold 100,000 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of C$1.54, for a total value of C$153,600.00. Corporate insiders own 16.29% of the company’s stock.

Western Copper and Gold Company Profile

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.