Western Copper and Gold Co. (TSE:WRN) Receives C$3.69 Average Price Target from Analysts

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

A number of equities research analysts recently weighed in on WRN shares. BMO Capital Markets set a C$3.00 target price on Western Copper and Gold and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Cormark raised Western Copper and Gold to a “moderate buy” rating in a report on Tuesday, February 18th.

Western Copper and Gold Price Performance

Shares of Western Copper and Gold stock opened at C$1.53 on Thursday. The firm has a fifty day moving average price of C$1.52 and a two-hundred day moving average price of C$1.55. Western Copper and Gold has a fifty-two week low of C$1.28 and a fifty-two week high of C$2.19. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. The company has a market cap of C$298.53 million, a PE ratio of -50.93 and a beta of 2.04.

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.