Western Copper and Gold (TSE:WRN) PT Raised to C$4.00 at Cormark

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its price objective upped by equities research analysts at Cormark from C$3.50 to C$4.00 in a report released on Wednesday, BayStreet.CA reports. Cormark’s price objective would indicate a potential upside of 100.00% from the company’s previous close. Cormark also issued estimates for Western Copper and Gold’s FY2025 earnings at ($0.03) EPS.

Western Copper and Gold Price Performance

Shares of WRN opened at C$2.00 on Wednesday. The business’s 50-day moving average is C$1.97 and its 200-day moving average is C$1.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.63 and a quick ratio of 5.52. The company has a market capitalization of C$337.10 million, a price-to-earnings ratio of -66.67 and a beta of 2.07. Western Copper and Gold has a fifty-two week low of C$1.27 and a fifty-two week high of C$2.44.

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.