Western Copper and Gold Co. (TSE:WRN) Receives Consensus Rating of “Buy” from Brokerages

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) has earned an average rating of “Buy” from the four brokerages that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$3.69.

A number of brokerages recently issued reports on WRN. Cormark upgraded shares of Western Copper and Gold to a “moderate buy” rating in a research report on Tuesday, February 18th. BMO Capital Markets set a C$3.00 price objective on shares of Western Copper and Gold and gave the stock an “outperform” rating in a report on Thursday, January 30th.

Western Copper and Gold Stock Performance

Western Copper and Gold stock opened at C$1.53 on Thursday. Western Copper and Gold has a 52-week low of C$1.28 and a 52-week high of C$2.19. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. The stock has a fifty day moving average price of C$1.52 and a two-hundred day moving average price of C$1.55. The firm has a market capitalization of C$298.53 million, a P/E ratio of -50.93 and a beta of 2.04.

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.