Western Copper and Gold Co. (NYSEAMERICAN:WRN) Forecasted to Earn FY2024 Earnings of ($0.02) Per Share

Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) – Equities researchers at Cormark issued their FY2024 earnings per share estimates for shares of Western Copper and Gold in a research report issued on Wednesday, May 1st. Cormark analyst S. Ioannou forecasts that the company will post earnings of ($0.02) per share for the year.

Western Copper and Gold Stock Performance

Shares of WRN opened at $1.48 on Friday. Western Copper and Gold has a 12-month low of $0.95 and a 12-month high of $1.80. The company has a market cap of $285.79 million, a P/E ratio of -49.33 and a beta of 1.94.

Institutional Trading of Western Copper and Gold

A number of large investors have recently added to or reduced their stakes in the company. Rathbones Group PLC bought a new position in shares of Western Copper and Gold during the 3rd quarter valued at approximately $38,000. Carderock Capital Management Inc. purchased a new position in Western Copper and Gold in the 1st quarter worth about $44,000. National Bank of Canada FI lifted its holdings in Western Copper and Gold by 750.0% during the 4th quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock valued at $45,000 after buying an additional 30,000 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Western Copper and Gold by 5.8% in the 3rd quarter. Gamco Investors INC. ET AL now owns 642,070 shares of the company’s stock valued at $876,000 after buying an additional 35,400 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Western Copper and Gold by 379.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock worth $70,000 after acquiring an additional 41,753 shares in the last quarter. Institutional investors own 21.96% of the company’s stock.

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.