Western Copper & Gold (NYSE:WRN) Stock Rating Upgraded by Stifel Canada

Western Copper & Gold (NYSE:WRN) was upgraded by investment analysts at Stifel Canada to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the company. Cormark raised Western Copper & Gold to a “moderate buy” rating in a research report on Tuesday, February 18th. Wall Street Zen upgraded shares of Western Copper & Gold to a “sell” rating in a report on Wednesday, March 26th. Finally, HC Wainwright reissued a “buy” rating and set a $4.25 price target on shares of Western Copper & Gold in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Western Copper & Gold currently has an average rating of “Buy” and a consensus target price of $4.25.

Western Copper & Gold Trading Up 1.6%

Shares of Western Copper & Gold stock opened at $1.31 on Tuesday. The stock’s fifty day moving average price is $1.14 and its 200-day moving average price is $1.09. The firm has a market cap of $262.01 million, a P/E ratio of -65.50 and a beta of 1.16. Western Copper & Gold has a 12 month low of $0.90 and a 12 month high of $1.42.

Institutional Trading of Western Copper & Gold

Institutional investors and hedge funds have recently made changes to their positions in the business. Tidal Investments LLC purchased a new position in Western Copper & Gold during the fourth quarter valued at $2,607,000. Lido Advisors LLC acquired a new position in shares of Western Copper & Gold during the 4th quarter worth about $578,000. Dauntless Investment Group LLC purchased a new position in Western Copper & Gold in the 4th quarter valued at about $316,000. Millstone Evans Group LLC acquired a new stake in Western Copper & Gold in the 4th quarter worth about $303,000. Finally, Russell Investments Group Ltd. increased its stake in Western Copper & Gold by 42.3% during the 1st quarter. Russell Investments Group Ltd. now owns 859,785 shares of the company’s stock worth $980,000 after buying an additional 255,642 shares in the last quarter. 21.96% of the stock is currently owned by hedge funds and other institutional investors.

Western Copper & Gold Company 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.