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

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) has been assigned an average rating of “Buy” from the four research firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$3.58.

WRN has been the subject of a number of research analyst reports. Cormark raised 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 Western Copper and Gold and gave the company an “outperform” rating in a report on Thursday, January 30th.

Western Copper and Gold Trading Up 0.7 %

WRN opened at C$1.53 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.52 and a current ratio of 25.74. Western Copper and Gold has a one year low of C$1.28 and a one year high of C$2.15. The company has a market cap of C$298.53 million, a P/E ratio of -50.93 and a beta of 2.04. The business’s 50-day simple moving average is C$1.53 and its 200-day simple moving average is C$1.54.

About Western Copper and Gold

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.