Western Copper and Gold (TSE:WRN) Posts Earnings Results

Western Copper and Gold (TSE:WRN) (NYSE:WRN) released its earnings results on Friday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports.

Western Copper and Gold Stock Performance

Shares of TSE:WRN traded up C$0.18 during midday trading on Friday, reaching C$4.18. 440,112 shares of the company’s stock traded hands, compared to its average volume of 576,338. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.52 and a current ratio of 19.69. Western Copper and Gold has a one year low of C$1.44 and a one year high of C$5.74. The company has a market cap of C$943.13 million, a price-to-earnings ratio of 209.00 and a beta of 1.90. The stock has a 50 day moving average of C$3.81 and a 200 day moving average of C$3.81.

Analyst Ratings Changes

Several research firms recently weighed in on WRN. BMO Capital Markets upped their price target on Western Copper and Gold from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research note on Friday, February 27th. National Bank Financial boosted their target price on Western Copper and Gold from C$5.50 to C$7.50 in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and a consensus target price of C$6.17.

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.