Western Copper and Gold Co. (TSE:WRN) Given Consensus Rating of “Buy” by Analysts

Shares of Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) have earned a consensus recommendation of “Buy” from the four research firms that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$3.69.

Several research firms recently issued reports on WRN. Cormark upgraded shares of Western Copper and Gold to a “moderate buy” rating in a report on Tuesday, February 18th. Canaccord Genuity Group upgraded shares of Western Copper and Gold to a “moderate buy” rating in a research note on Monday, December 9th. Finally, BMO Capital Markets set a C$3.00 price target on shares of Western Copper and Gold and gave the company an “outperform” rating in a research note on Thursday, January 30th.

Western Copper and Gold Stock Performance

TSE WRN opened at C$1.63 on Friday. The firm’s 50 day simple moving average is C$1.51 and its 200 day simple moving average is C$1.56. The firm has a market capitalization of C$318.04 million, a price-to-earnings ratio of -54.26 and a beta of 2.04. Western Copper and Gold has a 1 year low of C$1.40 and a 1 year high of C$2.27. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02.

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.