Western Copper and Gold (TSE:WRN) Upgraded to “Moderate Buy” at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of Western Copper and Gold (TSE:WRN) (NYSE:WRN) to a moderate buy rating in a research note published on Monday morning,Zacks.com reports.

Several other equities research analysts also recently commented on the stock. National Bank Financial raised shares of Western Copper and Gold to a “strong-buy” rating in a research report on Monday, September 30th. National Bankshares set a C$3.50 price objective on Western Copper and Gold and gave the stock an “outperform” rating in a report on Tuesday, October 1st.

Western Copper and Gold Price Performance

Shares of WRN opened at C$1.56 on Monday. The stock has a market cap of C$309.22 million, a P/E ratio of -39.00 and a beta of 2.04. The business’s fifty day moving average is C$1.61 and its 200 day moving average is C$1.61. The company has a quick ratio of 5.52, a current ratio of 28.49 and a debt-to-equity ratio of 0.04. Western Copper and Gold has a 12-month low of C$1.27 and a 12-month high of C$2.27.

Insider Activity

In related news, Senior Officer Paul George West-Sells sold 100,000 shares of Western Copper and Gold stock in a transaction on Friday, December 6th. The stock was sold at an average price of C$1.54, for a total transaction of C$153,600.00. 16.29% of the stock is currently owned by corporate insiders.

About Western Copper and 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.