Stifel Canada Upgrades Western Copper and Gold (TSE:WRN) to Strong-Buy

Stifel Canada upgraded shares of Western Copper and Gold (TSE:WRN) (NYSE:WRN) to a strong-buy rating in a report issued on Tuesday morning,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. Stifel Nicolaus set a C$5.50 target price on Western Copper and Gold and gave the company a “buy” rating in a research report on Wednesday. Cormark upgraded Western Copper and Gold to a “moderate buy” rating in a report on Tuesday, February 18th. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$4.00.

Western Copper and Gold Trading Up 3.5%

Shares of WRN stock opened at C$1.77 on Tuesday. The stock has a market cap of C$345.36 million, a price-to-earnings ratio of -58.92 and a beta of 2.04. The stock has a 50-day moving average of C$1.57 and a 200-day moving average of C$1.54. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02. Western Copper and Gold has a 1-year low of C$1.28 and a 1-year high of C$1.85.

About Western Copper and Gold

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.