Western Copper and Gold (TSE:WRN) Stock Rating Upgraded by Stifel Canada

Western Copper and Gold (TSE:WRN) (NYSE:WRN) was upgraded by Stifel Canada to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other research firms have also recently issued reports on WRN. Stifel Nicolaus set a C$5.50 price target on shares of Western Copper and Gold and gave the company a “buy” rating in a report on Wednesday. Cormark upgraded shares of Western Copper and Gold to a “moderate buy” rating in a report on Tuesday, February 18th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$4.00.

Western Copper and Gold Stock Up 3.5%

WRN stock opened at C$1.77 on Tuesday. 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 52-week low of C$1.28 and a 52-week high of C$1.85. The company has a 50-day moving average of C$1.57 and a two-hundred day moving average of C$1.54. The stock has a market capitalization of C$345.36 million, a price-to-earnings ratio of -58.92 and a beta of 2.04.

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.