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

Shares of Western Copper and Gold Co. (NYSEAMERICAN:WRNGet Free Report) (TSE:WRN) passed 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 $1.20. Western Copper and Gold shares last traded at $1.19, with a volume of 145,185 shares changing hands.

Wall Street Analysts Forecast Growth

WRN has been the topic of a number of recent research reports. Eight Capital upgraded Western Copper and Gold to a “strong-buy” rating in a report on Tuesday, June 11th. HC Wainwright restated a “buy” rating and issued a $4.25 target price on shares of Western Copper and Gold in a report on Wednesday, June 26th.

Read Our Latest Stock Analysis on Western Copper and Gold

Western Copper and Gold Price Performance

The firm has a market capitalization of $234.86 million, a P/E ratio of -39.50 and a beta of 1.85.

Western Copper and Gold (NYSEAMERICAN:WRNGet Free Report) (TSE:WRN) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) EPS for the quarter. Equities analysts expect that Western Copper and Gold Co. will post -0.02 EPS for the current fiscal year.

Institutional Trading of Western Copper and Gold

Large investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its position in Western Copper and Gold by 379.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock worth $70,000 after buying an additional 41,753 shares during the last quarter. National Bank of Canada FI increased its position 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 buying an additional 30,000 shares during the last quarter. Sweeney & Michel LLC purchased a new stake in Western Copper and Gold in the first quarter worth $118,000. Herr Investment Group LLC purchased a new stake in Western Copper and Gold in the first quarter worth $2,552,000. Finally, Platte River Wealth Advisors LLC purchased a new stake in Western Copper and Gold in the first quarter worth $843,000. 21.96% of the stock is owned by hedge funds and other institutional investors.

About Western Copper and Gold

(Get Free Report)

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.

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