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

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) has been given a consensus rating of “Buy” by the four ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$3.69.

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

Western Copper and Gold Stock Down 0.7 %

Shares of TSE WRN opened at C$1.50 on Friday. The company has a market cap of C$292.68 million, a P/E ratio of -49.94 and a beta of 2.04. The firm has a 50-day simple moving average of C$1.51 and a two-hundred day simple moving average of C$1.56. 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 debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52.

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.