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

Shares of Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) have been assigned an average rating of “Buy” from the four analysts that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$3.69.

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

Western Copper and Gold Price Performance

Shares of TSE:WRN opened at C$1.63 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. Western Copper and Gold has a 1-year low of C$1.40 and a 1-year high of C$2.27. The company has a market capitalization of C$318.04 million, a P/E ratio of -54.26 and a beta of 2.04. The firm’s 50 day simple moving average is C$1.51 and its two-hundred day simple moving average is C$1.56.

Western Copper and Gold Company Profile

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.