Western Copper and Gold (TSE:WRN) Upgraded by BMO Capital Markets to Strong-Buy Rating

BMO Capital Markets upgraded shares of Western Copper and Gold (TSE:WRN) (NYSE:WRN) to a strong-buy rating in a research note published on Thursday morning,Zacks.com reports.

Other equities research analysts have also issued reports about the company. National Bankshares set a C$3.50 price objective on Western Copper and Gold and gave the stock an “outperform” rating in a research note on Tuesday, October 1st. National Bank Financial upgraded shares of Western Copper and Gold to a “strong-buy” rating in a research note on Monday, September 30th. Finally, Canaccord Genuity Group upgraded Western Copper and Gold to a “moderate buy” rating in a report on Monday, December 9th. Two analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Western Copper and Gold currently has an average rating of “Strong Buy” and a consensus target price of C$3.92.

Western Copper and Gold Price Performance

TSE:WRN opened at C$1.46 on Thursday. Western Copper and Gold has a 52-week low of C$1.27 and a 52-week high of C$2.27. The company has a quick ratio of 5.52, a current ratio of 28.49 and a debt-to-equity ratio of 0.04. The firm has a market cap of C$289.40 million, a P/E ratio of -36.50 and a beta of 2.04. The business’s 50-day moving average price is C$1.54 and its 200 day moving average price is C$1.57.

Insider Buying and Selling at Western Copper and Gold

In other Western Copper and Gold news, Senior Officer Paul George West-Sells sold 100,000 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of C$1.54, for a total value of C$153,600.00. Insiders own 16.29% of the company’s stock.

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.