Western Copper and Gold (TSE:WRN) Hits New 1-Year Low – Should You Sell?

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) hit a new 52-week low on Tuesday. The stock traded as low as C$2.17 and last traded at C$2.19, with a volume of 335,825 shares changing hands. The stock had previously closed at C$2.20.

Analysts Set New Price Targets

Separately, National Bank Financial increased their price objective on shares of Western Copper and Gold from C$7.50 to C$8.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$6.75.

Western Copper and Gold Stock Up 0.9%

The company has a market capitalization of C$502.11 million, a PE ratio of 222.00 and a beta of 2.21. The stock has a 50-day moving average of C$3.04 and a 200 day moving average of C$3.59. The company has a quick ratio of 5.52, a current ratio of 31.48 and a debt-to-equity ratio of 0.27.

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

About Western Copper and Gold

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.