Western Copper and Gold (NYSEAMERICAN:WRN) Upgraded to Sell by StockNews.com

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) was upgraded by stock analysts at StockNews.com to a “sell” rating in a research note issued on Friday.

Several other equities analysts also recently weighed in on the company. HC Wainwright reaffirmed a “buy” rating and issued a $4.25 price objective on shares of Western Copper and Gold in a research note on Wednesday, June 26th. Eight Capital raised shares of Western Copper and Gold to a “strong-buy” rating in a research note on Tuesday, June 11th.

Western Copper and Gold Trading Up 2.8 %

Shares of WRN stock traded up $0.03 during trading hours on Friday, reaching $1.12. 764,920 shares of the company’s stock were exchanged, compared to its average volume of 212,186. Western Copper and Gold has a 1 year low of $0.95 and a 1 year high of $1.66. The company has a market cap of $221.97 million, a price-to-earnings ratio of -37.33 and a beta of 1.85.

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) last issued its earnings results on Thursday, May 9th. The company reported ($0.01) EPS for the quarter. On average, equities analysts forecast that Western Copper and Gold will post -0.02 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in WRN. Sweeney & Michel LLC acquired a new position in Western Copper and Gold in the 1st quarter valued at $118,000. Herr Investment Group LLC purchased a new stake in shares of Western Copper and Gold in the first quarter valued at $2,552,000. Platte River Wealth Advisors LLC acquired a new position in Western Copper and Gold in the first quarter valued at $843,000. Carderock Capital Management Inc. purchased a new position in Western Copper and Gold during the first quarter worth about $44,000. Finally, National Bank of Canada FI boosted its stake in Western Copper and Gold by 750.0% in the 4th quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock worth $45,000 after buying an additional 30,000 shares during the last quarter. Institutional investors and hedge funds own 21.96% of the company’s stock.

Western Copper and Gold Company Profile

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.