Western Copper and Gold (NYSEAMERICAN:WRN) Shares Cross Above 50-Day Moving Average - What's Next?

Western Copper and Gold Co. (NYSEAMERICAN:WRN - Get Free Report) TSE: WRN's share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $1.22. Western Copper and Gold shares last traded at $1.17, with a volume of 419,957 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. StockNews.com raised Western Copper and Gold to a "sell" rating in a research report on Friday, July 26th. HC Wainwright restated a "buy" rating and issued a $4.25 price objective on shares of Western Copper and Gold in a report on Wednesday, June 26th.

Get Our Latest Stock Analysis on Western Copper and Gold

Western Copper and Gold Price Performance

The stock has a market cap of $231.88 million, a PE ratio of -39.00 and a beta of 1.85.

Western Copper and Gold (NYSEAMERICAN:WRN - Get Free Report) TSE: WRN last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, research analysts predict that Western Copper and Gold Co. will post -0.02 EPS for the current year.

Institutional Trading of Western Copper and Gold

A hedge fund recently bought a new stake in Western Copper and Gold stock. Sweeney & Michel LLC purchased a new stake in shares of Western Copper and Gold Co. (NYSEAMERICAN:WRN - Free Report) TSE: WRN during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 78,194 shares of the company's stock, valued at approximately $118,000. 21.96% of the stock is currently owned by institutional investors.

About Western Copper and Gold

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.

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