Western Copper and Gold (TSE:WRN) Posts Earnings Results

Western Copper and Gold (TSE:WRN) (NYSE:WRN) announced its quarterly earnings results on Friday. The company reported C$0.01 earnings per share for the quarter, FiscalAI reports.

Western Copper and Gold Trading Up 5.0%

Western Copper and Gold stock opened at C$4.20 on Friday. The stock has a market cap of C$947.64 million, a PE ratio of 210.00 and a beta of 1.90. The stock has a 50-day moving average price of C$3.81 and a 200 day moving average price of C$3.81. Western Copper and Gold has a 52 week low of C$1.44 and a 52 week high of C$5.74. The company has a current ratio of 19.69, a quick ratio of 5.52 and a debt-to-equity ratio of 0.12.

Analyst Upgrades and Downgrades

A number of analysts recently commented on WRN shares. BMO Capital Markets lifted their price objective on Western Copper and Gold from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a research report on Friday, February 27th. National Bank Financial lifted their price objective on Western Copper and Gold from C$5.50 to C$7.50 in a research report on Thursday, January 29th. One equities research 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, Western Copper and Gold currently has a consensus rating of “Strong Buy” and an average target price of C$6.17.

Western Copper and Gold Company Profile

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.