What is Cormark’s Forecast for WRN FY2024 Earnings?

Western Copper & Gold Corp (NYSE:WRN) – Equities research analysts at Cormark issued their FY2024 EPS estimates for shares of Western Copper & Gold in a report issued on Tuesday, February 18th. Cormark analyst S. Ioannou forecasts that the company will post earnings per share of ($0.02) for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Western Copper & Gold’s current full-year earnings is ($0.03) per share. Cormark also issued estimates for Western Copper & Gold’s FY2025 earnings at ($0.02) EPS.

WRN has been the subject of several other reports. BMO Capital Markets started coverage on shares of Western Copper & Gold in a research report on Thursday, January 23rd. They set an “outperform” rating for the company. Canaccord Genuity Group started coverage on shares of Western Copper & Gold in a research report on Monday, December 9th. They issued a “speculative buy” rating for the company. Canaccord Genuity Group assumed coverage on Western Copper & Gold in a research note on Monday, December 9th. They issued a “speculative buy” rating on the stock. StockNews.com raised shares of Western Copper & Gold to a “sell” rating in a research report on Tuesday, February 4th. Finally, HC Wainwright reissued a “buy” rating and set a $4.25 price target on shares of Western Copper & Gold in a research report on Tuesday. One research analyst has rated the stock with a sell rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Western Copper & Gold has a consensus rating of “Moderate Buy” and a consensus price target of $4.25.

Western Copper & Gold Trading Up 1.9 %

WRN opened at $1.07 on Thursday. The stock’s fifty day simple moving average is $1.06 and its 200 day simple moving average is $1.12. The stock has a market cap of $212.28 million, a PE ratio of -53.50 and a beta of 1.81. Western Copper & Gold has a 1-year low of $0.95 and a 1-year high of $1.66.

Institutional Trading of Western Copper & Gold

Large investors have recently bought and sold shares of the company. Tidal Investments LLC bought a new stake in shares of Western Copper & Gold in the fourth quarter valued at approximately $2,607,000. Euro Pacific Asset Management LLC purchased a new stake in Western Copper & Gold in the 3rd quarter worth approximately $828,000. Lido Advisors LLC bought a new stake in Western Copper & Gold in the fourth quarter valued at $578,000. Dauntless Investment Group LLC bought a new stake in shares of Western Copper & Gold during the 4th quarter valued at about $316,000. Finally, Millstone Evans Group LLC bought a new stake in Western Copper & Gold during the 4th quarter valued at approximately $303,000. 21.96% of the stock is owned by hedge funds and other institutional investors.

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.