Western Copper and Gold (TSE:WRN) Upgraded to Moderate Buy at Cormark

Cormark upgraded shares of Western Copper and Gold (TSE:WRN) (NYSE:WRN) to a moderate buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other equities analysts also recently commented on WRN. Canaccord Genuity Group upgraded Western Copper and Gold to a “moderate buy” rating in a research report on Monday, December 9th. BMO Capital Markets set a C$3.00 price objective on shares of Western Copper and Gold and gave the company an “outperform” rating in a report on Thursday, January 30th. Three investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$3.69.

Western Copper and Gold Stock Down 5.1 %

Shares of TSE:WRN opened at C$1.48 on Tuesday. Western Copper and Gold has a 52-week low of C$1.27 and a 52-week high of C$2.27. The company has a market capitalization of C$288.77 million, a PE ratio of -49.27 and a beta of 2.04. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.52 and a current ratio of 25.74. The company has a fifty day moving average of C$1.52 and a 200-day moving average of C$1.56.

Insider Transactions at Western Copper and Gold

In other Western Copper and Gold news, Senior Officer Paul George West-Sells sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of C$1.54, for a total transaction of C$153,600.00. 16.29% of the stock is owned by corporate insiders.

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.