Western Copper and Gold Co. (TSE:WRN) Receives C$3.69 Average Target Price from Analysts

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) has been assigned a consensus rating of “Buy” from the four research firms that are currently covering the firm, MarketBeat.com reports. Three equities 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 brokerages that have updated their coverage on the stock in the last year is C$3.69.

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

Western Copper and Gold Stock Up 2.0 %

Shares of WRN stock opened at C$1.56 on Friday. The firm’s fifty day moving average price is C$1.50 and its two-hundred day moving average price is 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 current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of C$304.38 million, a P/E ratio of -51.93 and a beta of 2.04.

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.