Western Copper & Gold (NYSE:WRN) Stock Rating Upgraded by National Bank Financial

National Bank Financial upgraded shares of Western Copper & Gold (NYSE:WRN) to a strong-buy rating in a research report sent to investors on Monday morning, Zacks.com reports. National Bank Financial also issued estimates for Western Copper & Gold’s FY2024 earnings at ($0.04) EPS, FY2025 earnings at ($0.02) EPS, FY2026 earnings at ($0.02) EPS and FY2027 earnings at ($0.02) EPS.

WRN has been the topic of a number of other research reports. StockNews.com raised Western Copper & Gold to a sell rating in a report on Wednesday, September 11th. HC Wainwright restated a buy rating and issued a $4.25 price target on shares of Western Copper & Gold in a research note on Tuesday, September 17th.

Western Copper & Gold Price Performance

Shares of NYSE:WRN opened at $1.22 on Monday. Western Copper & Gold has a 12 month low of $0.95 and a 12 month high of $1.66. The firm has a market cap of $240.81 million, a price-to-earnings ratio of -40.50 and a beta of 1.84. The stock’s fifty day moving average is $1.15.

Western Copper & Gold (NYSE:WRN) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) EPS for the quarter. Research analysts anticipate that Western Copper & Gold will post -0.02 EPS 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 bought a new position in Western Copper & Gold Corp (NYSE:WRN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 27,450 shares of the company’s stock, valued at approximately $31,000. Institutional investors and hedge funds 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.