Western Copper & Gold (NYSE:WRN) Receives Buy Rating from HC Wainwright

HC Wainwright restated their buy rating on shares of Western Copper & Gold (NYSE:WRN) in a research note issued to investors on Tuesday, Benzinga reports. HC Wainwright currently has a $4.25 target price on the stock.

Separately, StockNews.com raised Western Copper & Gold to a sell rating in a research report on Wednesday, September 11th.

Western Copper & Gold Price Performance

WRN opened at $1.26 on Tuesday. The stock has a market cap of $249.72 million, a P/E ratio of -42.00 and a beta of 1.84. Western Copper & Gold has a twelve month low of $0.95 and a twelve month high of $1.66.

Western Copper & Gold (NYSE:WRN) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) EPS for the quarter. On average, sell-side analysts expect that Western Copper & Gold will post -0.02 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Western Copper & Gold stock. Rathbones Group PLC acquired a new stake in Western Copper & Gold Corp (NYSE:WRN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,450 shares of the company’s stock, valued at approximately $31,000. 21.96% of the stock is owned by institutional investors and hedge funds.

Western Copper & 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.