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

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

Several other research analysts also recently weighed in on the company. National Bank Financial upgraded Western Copper & Gold to a “strong-buy” rating in a research note on Monday, September 30th. HC Wainwright reiterated a “buy” rating and set a $4.25 price target on shares of Western Copper & Gold in a research note on Tuesday, September 17th.

Western Copper & Gold Stock Performance

Shares of WRN stock opened at $1.18 on Tuesday. Western Copper & Gold has a 1-year low of $0.95 and a 1-year high of $1.66. The stock’s fifty day simple moving average is $1.18. The stock has a market cap of $233.87 million, a P/E ratio of -39.33 and a beta of 1.84.

Western Copper & Gold (NYSE:WRN) last announced its earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter. Sell-side analysts predict that Western Copper & Gold will post -0.03 EPS for the current year.

Institutional Trading of Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Rathbones Group PLC bought a new position in Western Copper & Gold Corp (NYSE:WRN) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,450 shares of the company’s stock, valued at approximately $31,000. Institutional investors own 21.96% of the company’s stock.

About Western Copper & 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.