Western Copper & Gold (NYSE:WRN) Upgraded by StockNews.com to “Sell”

StockNews.com upgraded shares of Western Copper & Gold (NYSE:WRN) to a sell rating in a report issued on Tuesday.

Other equities analysts have also issued research reports about the company. National Bank Financial raised Western Copper & Gold to a strong-buy rating in a report on Monday, September 30th. HC Wainwright reiterated a buy rating and issued a $4.25 price objective on shares of Western Copper & Gold in a report on Tuesday, September 17th.

Western Copper & Gold Stock Performance

Shares of Western Copper & Gold stock opened at $1.22 on Tuesday. The stock’s 50-day moving average is $1.17. Western Copper & Gold has a one year low of $0.95 and a one year high of $1.66. The firm has a market capitalization of $241.80 million, a P/E ratio of -40.67 and a beta of 1.84.

Western Copper & Gold (NYSE:WRN) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) EPS for the quarter. On average, analysts forecast that Western Copper & Gold will post -0.03 EPS for the current year.

Institutional Investors Weigh In On Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Rathbones Group PLC bought a new stake in Western Copper & Gold Corp (NYSE:WRN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 27,450 shares of the company’s stock, valued at approximately $31,000. Institutional investors own 21.96% of the company’s stock.

About Western Copper & Gold

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.