Western Copper and Gold Co. (NYSEAMERICAN:WRN) to Post FY2024 Earnings of ($0.02) Per Share, HC Wainwright Forecasts

Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) – Equities research analysts at HC Wainwright issued their FY2024 earnings per share estimates for shares of Western Copper and Gold in a report issued on Wednesday, May 22nd. HC Wainwright analyst H. Ihle expects that the company will earn ($0.02) per share for the year. HC Wainwright currently has a “Buy” rating and a $4.25 target price on the stock. The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.02) per share. HC Wainwright also issued estimates for Western Copper and Gold’s FY2025 earnings at ($0.02) EPS.

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter.

Western Copper and Gold Stock Down 1.4 %

WRN stock opened at $1.41 on Thursday. The firm has a market cap of $276.52 million, a PE ratio of -47.00 and a beta of 1.94. Western Copper and Gold has a fifty-two week low of $0.95 and a fifty-two week high of $1.74.

Institutional Trading of Western Copper and Gold

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. lifted its holdings in Western Copper and Gold by 379.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock worth $70,000 after purchasing an additional 41,753 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in Western Copper and Gold by 5.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 642,070 shares of the company’s stock worth $876,000 after purchasing an additional 35,400 shares in the last quarter. National Bank of Canada FI lifted its holdings in Western Copper and Gold by 750.0% during the 4th quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock worth $45,000 after purchasing an additional 30,000 shares in the last quarter. Rathbones Group PLC purchased a new stake in Western Copper and Gold during the 3rd quarter worth about $38,000. Finally, Sweeney & Michel LLC purchased a new stake in Western Copper and Gold during the 1st quarter worth about $118,000. Hedge funds and other 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.