What is Cormark’s Estimate for WRN FY2024 Earnings?

Western Copper & Gold Corp (NYSE:WRN) – Cormark issued their FY2024 earnings per share estimates for Western Copper & Gold in a research report issued on Tuesday, February 18th. Cormark analyst S. Ioannou expects that the company will post earnings per share of ($0.02) for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Western Copper & Gold’s current full-year earnings is ($0.03) per share. Cormark also issued estimates for Western Copper & Gold’s FY2025 earnings at ($0.02) EPS.

Other analysts also recently issued research reports about the company. StockNews.com raised Western Copper & Gold to a “sell” rating in a research note on Tuesday, February 4th. Canaccord Genuity Group assumed coverage on shares of Western Copper & Gold in a research report on Monday, December 9th. They issued a “speculative buy” rating on the stock. HC Wainwright restated a “buy” rating and set a $4.25 price objective on shares of Western Copper & Gold in a research report on Tuesday. BMO Capital Markets initiated coverage on shares of Western Copper & Gold in a report on Thursday, January 23rd. They issued an “outperform” rating on the stock. Finally, Canaccord Genuity Group initiated coverage on shares of Western Copper & Gold in a research report on Monday, December 9th. They issued a “speculative buy” rating on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Western Copper & Gold has an average rating of “Moderate Buy” and an average price target of $4.25.

Western Copper & Gold Stock Down 1.0 %

Shares of WRN opened at $1.02 on Thursday. The firm has a market capitalization of $202.36 million, a PE ratio of -51.00 and a beta of 1.81. The firm has a 50-day moving average price of $1.06 and a 200 day moving average price of $1.12. Western Copper & Gold has a 52-week low of $0.95 and a 52-week high of $1.66.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of WRN. Tidal Investments LLC purchased a new position in Western Copper & Gold during the 4th quarter valued at about $2,607,000. Lido Advisors LLC purchased a new position in Western Copper & Gold during the fourth quarter valued at approximately $578,000. Dauntless Investment Group LLC acquired a new position in Western Copper & Gold in the 4th quarter valued at approximately $316,000. Raymond James Financial Inc. purchased a new stake in Western Copper & Gold in the 4th quarter worth approximately $45,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of Western Copper & Gold by 12.4% during the 4th quarter. Russell Investments Group Ltd. now owns 604,143 shares of the company’s stock valued at $634,000 after buying an additional 66,551 shares during the period. 21.96% of the stock is owned by institutional investors and hedge funds.

About Western Copper & Gold

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.