Western Copper and Gold (TSE:WRN) Upgraded at BMO Capital Markets

Western Copper and Gold (TSE:WRN) (NYSE:WRN) was upgraded by BMO Capital Markets to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the stock. Canaccord Genuity Group raised shares of Western Copper and Gold to a “moderate buy” rating in a research note on Monday, December 9th. National Bank Financial raised shares of Western Copper and Gold to a “strong-buy” rating in a research note on Monday, September 30th. Finally, National Bankshares set a C$3.50 target price on shares of Western Copper and Gold and gave the company an “outperform” rating in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy” and an average target price of C$3.92.

Western Copper and Gold Price Performance

WRN stock opened at C$1.46 on Thursday. Western Copper and Gold has a 1 year low of C$1.27 and a 1 year high of C$2.27. The company has a market cap of C$289.40 million, a P/E ratio of -36.50 and a beta of 2.04. The firm has a 50-day moving average of C$1.54 and a 200 day moving average of C$1.57. The company has a debt-to-equity ratio of 0.04, a current ratio of 28.49 and a quick ratio of 5.52.

Insider Buying and Selling

In other news, Senior Officer Paul George West-Sells sold 100,000 shares of the firm’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of C$1.54, for a total transaction of C$153,600.00. 16.29% of the stock is currently owned by corporate insiders.

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.