Western Copper & Gold (NYSE:WRN) Research Coverage Started at BMO Capital Markets

BMO Capital Markets assumed coverage on shares of Western Copper & Gold (NYSE:WRN) in a research note released on Thursday, MarketBeat reports. The brokerage issued an outperform rating on the stock.

A number of other brokerages have also commented on WRN. Canaccord Genuity Group assumed coverage on shares of Western Copper & Gold in a report on Monday, December 9th. They set a “speculative buy” rating on the stock. HC Wainwright reaffirmed a “buy” rating and set a $4.25 price target on shares of Western Copper & Gold in a research note on Wednesday, December 18th. Canaccord Genuity Group assumed coverage on shares of Western Copper & Gold in a research report on Monday, December 9th. They set a “speculative buy” rating for the company. StockNews.com upgraded shares of Western Copper & Gold to a “sell” rating in a research note on Tuesday, October 15th. Finally, National Bank Financial upgraded Western Copper & Gold to a “strong-buy” rating in a research report on Monday, September 30th. One research analyst has rated the stock with a sell rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Western Copper & Gold presently has an average rating of “Moderate Buy” and a consensus price target of $4.25.

Western Copper & Gold Stock Performance

Shares of NYSE WRN opened at $1.01 on Thursday. Western Copper & Gold has a twelve month low of $0.95 and a twelve month high of $1.66. The company has a market capitalization of $200.37 million, a PE ratio of -50.50 and a beta of 1.83. The stock’s fifty day moving average price is $1.07.

Institutional Investors Weigh In On Western Copper & Gold

An institutional investor recently raised its position in Western Copper & Gold stock. Euro Pacific Asset Management LLC boosted its holdings in Western Copper & Gold Corp (NYSE:WRN) by 57.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,094,474 shares of the company’s stock after buying an additional 398,974 shares during the quarter. Euro Pacific Asset Management LLC owned approximately 0.55% of Western Copper & Gold worth $1,149,000 at the end of the most recent reporting period. 21.96% of the stock is currently owned by institutional investors and hedge funds.

Western Copper & Gold Company Profile

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.