Western Copper and Gold (NYSEAMERICAN:WRN) Stock Price Passes Above 50 Day Moving Average of $0.00

Shares of Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.00 and traded as high as $1.42. Western Copper and Gold shares last traded at $1.40, with a volume of 102,858 shares traded.

Western Copper and Gold Stock Performance

The stock has a market capitalization of $236.45 million, a P/E ratio of -46.67 and a beta of 1.92.

Institutional Trading of Western Copper and Gold

Several hedge funds and other institutional investors have recently modified their holdings of the business. Virtu Financial LLC bought a new stake in shares of Western Copper and Gold in the fourth quarter valued at approximately $68,000. Gamco Investors INC. ET AL raised its position in shares of Western Copper and Gold by 2.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 655,370 shares of the company’s stock valued at $872,000 after purchasing an additional 13,300 shares during the period. Citadel Advisors LLC raised its position in shares of Western Copper and Gold by 126.0% in the fourth quarter. Citadel Advisors LLC now owns 113,130 shares of the company’s stock valued at $150,000 after purchasing an additional 63,062 shares during the period. National Bank of Canada FI raised its position in shares of Western Copper and Gold by 750.0% in the fourth quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock valued at $45,000 after purchasing an additional 30,000 shares during the period. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Western Copper and Gold by 379.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock valued at $70,000 after acquiring an additional 41,753 shares in the last quarter. Institutional investors own 21.96% of the company’s stock.

About Western Copper and Gold

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.