Western Copper and Gold Co. (TSE:WRN) Receives C$3.69 Consensus PT from Brokerages

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) has been assigned an average recommendation of “Buy” from the four ratings firms that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$3.69.

Several equities research analysts have commented on the stock. BMO Capital Markets set a C$3.00 target price on shares of Western Copper and Gold and gave the company an “outperform” rating in a research note on Thursday, January 30th. Cormark raised Western Copper and Gold to a “moderate buy” rating in a research note on Tuesday, February 18th. Finally, Canaccord Genuity Group raised Western Copper and Gold to a “moderate buy” rating in a research note on Monday, December 9th.

Western Copper and Gold Trading Up 2.0 %

Shares of TSE WRN opened at C$1.56 on Friday. The company’s 50 day simple moving average is C$1.50 and its 200 day simple moving average is C$1.56. The firm has a market capitalization of C$304.38 million, a P/E ratio of -51.93 and a beta of 2.04. Western Copper and Gold has a fifty-two week low of C$1.40 and a fifty-two week high of C$2.27. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52.

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.