Western Copper & Gold (NYSE:WRN) Lifted to “Sell” at StockNews.com

StockNews.com upgraded shares of Western Copper & Gold (NYSE:WRN) to a sell rating in a report released on Wednesday morning.

Western Copper & Gold Stock Performance

Shares of WRN opened at $1.15 on Wednesday. The stock has a market capitalization of $226.96 million, a PE ratio of -38.17 and a beta of 1.84. Western Copper & Gold has a fifty-two week low of $0.95 and a fifty-two week high of $1.66.

Western Copper & Gold (NYSE:WRN) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter. On average, sell-side analysts expect that Western Copper & Gold will post -0.02 EPS for the current fiscal year.

Institutional Trading of Western Copper & Gold

An institutional investor recently bought a new position in Western Copper & Gold stock. Rathbones Group PLC bought a new position in Western Copper & Gold Corp (NYSE:WRN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 27,450 shares of the company’s stock, valued at approximately $31,000. Institutional investors and hedge funds own 21.96% of the company’s stock.

Western Copper & Gold Company Profile

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.