Western Copper and Gold (TSE:WRN) Reaches New 12-Month Low – Should You Sell?

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) shares reached a new 52-week low on Tuesday. The stock traded as low as C$2.47 and last traded at C$2.54, with a volume of 314,016 shares traded. The stock had previously closed at C$2.59.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial raised their target price on shares of Western Copper and Gold from C$7.50 to C$8.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating. According to MarketBeat, Western Copper and Gold currently has an average rating of “Buy” and an average price target of C$6.75.

Western Copper and Gold Trading Down 1.9%

The firm has a market cap of C$574.48 million, a P/E ratio of 254.00 and a beta of 2.21. The company has a debt-to-equity ratio of 0.27, a quick ratio of 5.52 and a current ratio of 31.48. The firm has a fifty day moving average of C$3.23 and a 200-day moving average of C$3.42.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last issued its quarterly earnings data on Friday, August 7th. The company reported C($0.01) EPS for the quarter. Equities research analysts forecast that Western Copper and Gold Co. will post -0.01 earnings per share for the current year.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.