Western Copper and Gold (NYSEAMERICAN:WRN) Shares Pass Above 50-Day Moving Average of $0.00

Shares of Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.00 and traded as high as $1.15. Western Copper and Gold shares last traded at $1.15, with a volume of 71,301 shares.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. HC Wainwright restated a “buy” rating and issued a $4.25 target price on shares of Western Copper and Gold in a research note on Wednesday, June 26th. Eight Capital upgraded shares of Western Copper and Gold to a “strong-buy” rating in a research report on Tuesday, June 11th. Finally, StockNews.com upgraded shares of Western Copper and Gold to a “sell” rating in a research report on Friday, July 26th.

Western Copper and Gold Stock Up 0.9 %

The company has a market cap of $227.92 million, a P/E ratio of -38.33 and a beta of 1.85.

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) EPS for the quarter. On average, equities research analysts anticipate that Western Copper and Gold Co. will post -0.02 EPS for the current year.

Hedge Funds Weigh In On Western Copper and Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sweeney & Michel LLC acquired a new position in shares of Western Copper and Gold during the 1st quarter worth about $118,000. Herr Investment Group LLC bought a new position in Western Copper and Gold during the 1st quarter worth approximately $2,552,000. Platte River Wealth Advisors LLC acquired a new position in Western Copper and Gold during the first quarter valued at approximately $843,000. Carderock Capital Management Inc. bought a new stake in Western Copper and Gold in the first quarter valued at approximately $44,000. Finally, National Bank of Canada FI raised its holdings in Western Copper and Gold by 750.0% in the fourth quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock worth $45,000 after purchasing an additional 30,000 shares during the period. 21.96% of the stock is owned by institutional investors.

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.