FY2024 Earnings Forecast for TSE:WRN Issued By HC Wainwright

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) – Investment analysts at HC Wainwright lowered their FY2024 earnings per share (EPS) estimates for Western Copper and Gold in a note issued to investors on Wednesday, December 18th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.04) per share for the year, down from their previous estimate of ($0.03). The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.01) per share.

WRN has been the subject of several other reports. National Bank Financial raised shares of Western Copper and Gold to a “strong-buy” rating in a report on Monday, September 30th. Canaccord Genuity Group raised Western Copper and Gold to a “moderate buy” rating in a research report on Monday, December 9th. Finally, National Bankshares set a C$3.50 target price on Western Copper and Gold and gave the stock an “outperform” rating in a report on Tuesday, October 1st.

Western Copper and Gold Price Performance

Shares of TSE:WRN opened at C$1.49 on Monday. Western Copper and Gold has a 1-year low of C$1.27 and a 1-year high of C$2.27. The business has a fifty day moving average price of C$1.59 and a 200-day moving average price of C$1.59. The company has a market capitalization of C$295.35 million, a PE ratio of -37.25 and a beta of 2.04. The company has a debt-to-equity ratio of 0.04, a current ratio of 28.49 and a quick ratio of 5.52.

Insider Transactions at Western Copper and Gold

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

Western Copper and 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.