Renaissance Technologies LLC Takes $809,000 Position in Western Copper and Gold Corporation $WRN

Renaissance Technologies LLC bought a new stake in shares of Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 319,600 shares of the company’s stock, valued at approximately $809,000. Renaissance Technologies LLC owned approximately 0.14% of Western Copper and Gold as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in Western Copper and Gold by 45.6% in the 4th quarter. International Assets Investment Management LLC now owns 18,200 shares of the company’s stock valued at $49,000 after acquiring an additional 5,700 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Western Copper and Gold by 1.2% in the 1st quarter. Gamco Investors INC. ET AL now owns 534,800 shares of the company’s stock worth $1,353,000 after purchasing an additional 6,600 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Western Copper and Gold by 23.1% in the 2nd quarter. Raymond James Financial Inc. now owns 53,253 shares of the company’s stock worth $67,000 after purchasing an additional 10,000 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Western Copper and Gold in the 4th quarter worth approximately $28,000. Finally, Prospera Financial Services Inc raised its holdings in shares of Western Copper and Gold by 8.8% in the 4th quarter. Prospera Financial Services Inc now owns 164,500 shares of the company’s stock worth $439,000 after purchasing an additional 13,250 shares in the last quarter. 21.96% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “buy” rating on shares of Western Copper and Gold in a report on Tuesday, June 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Western Copper and Gold currently has a consensus rating of “Buy” and a consensus price target of $5.75.

Western Copper and Gold Stock Up 0.4%

Shares of Western Copper and Gold stock opened at $2.40 on Friday. Western Copper and Gold Corporation has a 12-month low of $1.22 and a 12-month high of $4.26. The firm has a market capitalization of $542.02 million, a PE ratio of -120.00 and a beta of 1.27. The stock’s fifty day moving average is $2.26 and its 200-day moving average is $2.70.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.