BMO Capital Markets Raises Western Copper and Gold (TSE:WRN) Price Target to C$5.50

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its price target increased by equities researchers at BMO Capital Markets from C$5.00 to C$5.50 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price would indicate a potential upside of 18.28% from the company’s current price.

Separately, National Bank Financial upped their price target on shares of Western Copper and Gold from C$5.50 to C$7.50 in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Strong Buy” and an average target price of C$6.17.

Western Copper and Gold Stock Up 1.3%

WRN stock traded up C$0.06 during midday trading on Friday, hitting C$4.65. 463,603 shares of the company’s stock were exchanged, compared to its average volume of 583,673. The firm has a 50 day moving average price of C$4.42 and a 200-day moving average price of C$3.32. Western Copper and Gold has a 12-month low of C$1.28 and a 12-month high of C$5.74. The stock has a market capitalization of C$944.00 million, a price-to-earnings ratio of -232.50 and a beta of 1.79. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02.

About Western Copper and Gold

Western Copper & Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition, exploration, and future development of resource properties. The company is developing the Casino project into Canada’s premier copper-gold mine. It holds significant gold, copper reserves in its Casino project located in the Yukon, Canada.