National Bankshares Forecasts Strong Price Appreciation for Western Copper and Gold (TSE:WRN) Stock

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its target price increased by National Bankshares from C$5.50 to C$7.50 in a research report issued on Thursday,BayStreet.CA reports. National Bankshares’ price objective would suggest a potential upside of 72.81% from the stock’s current price.

Western Copper and Gold Stock Performance

Western Copper and Gold stock opened at C$4.34 on Thursday. The firm’s 50 day simple moving average is C$4.05 and its 200-day simple moving average is C$2.96. The company has a market cap of C$876.92 million, a P/E ratio of -217.00 and a beta of 1.53. The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. Western Copper and Gold has a fifty-two week low of C$1.28 and a fifty-two week high of C$5.74.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$0.00 EPS for the quarter. As a group, equities research analysts predict that Western Copper and Gold will post -0.01 EPS for the current year.

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.