Advisory Alpha LLC Purchases Shares of 45,991 Western Copper & Gold Corp (NYSE:WRN)

Advisory Alpha LLC acquired a new position in shares of Western Copper & Gold Corp (NYSE:WRN) during the 4th quarter, Holdings Channel.com reports. The fund acquired 45,991 shares of the company’s stock, valued at approximately $48,000.

Separately, Euro Pacific Asset Management LLC bought a new position in Western Copper & Gold in the third quarter worth $828,000. 21.96% of the stock is currently owned by hedge funds and other institutional investors.

Western Copper & Gold Price Performance

Shares of WRN opened at $1.01 on Friday. The firm has a market cap of $200.37 million, a P/E ratio of -50.50 and a beta of 1.83. Western Copper & Gold Corp has a one year low of $0.95 and a one year high of $1.66. The stock has a 50 day simple moving average of $1.07.

Analyst Ratings Changes

WRN has been the subject of a number of recent research reports. Canaccord Genuity Group assumed coverage on shares of Western Copper & Gold in a report on Monday, December 9th. They set a “speculative buy” rating for the company. HC Wainwright reiterated a “buy” rating and issued a $4.25 price objective on shares of Western Copper & Gold in a research note on Wednesday, December 18th. National Bank Financial raised Western Copper & Gold to a “strong-buy” rating in a report on Monday, September 30th. StockNews.com raised Western Copper & Gold to a “sell” rating in a research note on Tuesday, October 15th. Finally, Canaccord Genuity Group initiated coverage on Western Copper & Gold in a report on Monday, December 9th. They set a “speculative buy” rating for the company. One analyst has rated the stock with a sell rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $4.25.

Western Copper & Gold Profile

Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. It currently focuses on the development of the Casino Project. The company was founded on March 17, 2006 and is headquartered in Vancouver, Canada.