BMO Capital Markets Begins Coverage on Western Copper & Gold (NYSE:WRN)

Investment analysts at BMO Capital Markets began coverage on shares of Western Copper & Gold (NYSE:WRN) in a report released on Thursday,Briefing.com Automated Import reports. The firm set an “outperform” rating on the stock.

Other research analysts have also recently issued reports about the stock. Canaccord Genuity Group began coverage on shares of Western Copper & Gold in a report on Monday, December 9th. They issued a “speculative buy” rating for the company. StockNews.com upgraded shares of Western Copper & Gold to a “sell” rating in a research report on Tuesday, October 15th. Canaccord Genuity Group initiated coverage on shares of Western Copper & Gold in a report on Monday, December 9th. They set a “speculative buy” rating on the stock. National Bank Financial upgraded shares of Western Copper & Gold to a “strong-buy” rating in a research note on Monday, September 30th. Finally, HC Wainwright restated a “buy” rating and issued a $4.25 price target on shares of Western Copper & Gold in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Western Copper & Gold has an average rating of “Moderate Buy” and a consensus price target of $4.25.

Western Copper & Gold Trading Up 2.9 %

NYSE:WRN opened at $1.05 on Thursday. The stock has a market cap of $208.31 million, a PE ratio of -52.50 and a beta of 1.83. The firm has a 50-day moving average price of $1.08. Western Copper & Gold has a 1-year low of $0.95 and a 1-year high of $1.66.

Hedge Funds Weigh In On Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Euro Pacific Asset Management LLC purchased a new position in shares of Western Copper & Gold Corp (NYSE:WRN) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 695,500 shares of the company’s stock, valued at approximately $828,000. Euro Pacific Asset Management LLC owned about 0.35% of Western Copper & Gold at the end of the most recent reporting period. 21.96% of the stock is currently owned by institutional investors.

About Western Copper & Gold

Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. It currently focuses on the development of the Casino Project. The company was founded on March 17, 2006 and is headquartered in Vancouver, Canada.