Euro Pacific Asset Management LLC Grows Stock Holdings in Western Copper and Gold Corporation $WRN

Euro Pacific Asset Management LLC grew its position in shares of Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) by 133.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,421,617 shares of the company’s stock after acquiring an additional 1,386,111 shares during the period. Euro Pacific Asset Management LLC’s holdings in Western Copper and Gold were worth $5,999,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Auxano Advisors LLC bought a new stake in shares of Western Copper and Gold in the fourth quarter worth about $2,456,000. Bank of America Corp DE raised its position in Western Copper and Gold by 696.3% during the 3rd quarter. Bank of America Corp DE now owns 989,615 shares of the company’s stock valued at $1,950,000 after purchasing an additional 865,339 shares during the last quarter. Tidal Investments LLC boosted its holdings in Western Copper and Gold by 33.0% in the third quarter. Tidal Investments LLC now owns 3,358,509 shares of the company’s stock valued at $6,616,000 after acquiring an additional 833,348 shares in the last quarter. Marshall Wace LLP boosted its holdings in Western Copper and Gold by 196.9% in the fourth quarter. Marshall Wace LLP now owns 857,181 shares of the company’s stock valued at $2,289,000 after acquiring an additional 568,468 shares in the last quarter. Finally, Mackenzie Financial Corp increased its position in Western Copper and Gold by 110.8% during the 3rd quarter. Mackenzie Financial Corp now owns 970,084 shares of the company’s stock valued at $1,923,000 after purchasing an additional 510,000 shares during the period. 21.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating on shares of Western Copper and Gold in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Western Copper and Gold has a consensus rating of “Buy” and a consensus price target of $5.75.

Western Copper and Gold Stock Up 2.9%

Shares of WRN stock opened at $2.13 on Friday. The stock has a market cap of $481.04 million, a price-to-earnings ratio of -213.00 and a beta of 1.26. The business’s fifty day moving average is $2.51 and its 200 day moving average is $2.84. Western Copper and Gold Corporation has a twelve month low of $1.18 and a twelve month high of $4.26.

Western Copper and Gold Profile

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.