Western Copper & Gold (NYSE:WRN) Now Covered by Analysts at BMO Capital Markets

BMO Capital Markets started coverage on shares of Western Copper & Gold (NYSE:WRN) in a research note published on Thursday morning, Marketbeat.com reports. The brokerage issued an outperform rating on the stock.

Several other research firms have also recently weighed in on WRN. National Bank Financial upgraded Western Copper & Gold to a “strong-buy” rating in a research note on Monday, September 30th. HC Wainwright reaffirmed a “buy” rating and issued a $4.25 target price on shares of Western Copper & Gold in a research report on Wednesday, December 18th. Canaccord Genuity Group initiated coverage on shares of Western Copper & Gold in a research note on Monday, December 9th. They set a “speculative buy” rating on the stock. Canaccord Genuity Group assumed coverage on shares of Western Copper & Gold in a research note on Monday, December 9th. They issued a “speculative buy” rating for the company. Finally, StockNews.com raised Western Copper & Gold to a “sell” rating in a report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Western Copper & Gold currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.25.

Western Copper & Gold Stock Performance

Western Copper & Gold stock opened at $1.01 on Thursday. The firm has a market capitalization of $200.37 million, a PE ratio of -50.50 and a beta of 1.83. The company has a fifty day simple moving average of $1.08. Western Copper & Gold has a 1-year low of $0.95 and a 1-year high of $1.66.

Hedge Funds Weigh In On Western Copper & Gold

An institutional investor recently bought a new position in Western Copper & Gold stock. Advisory Alpha LLC purchased a new position in shares of Western Copper & Gold Corp (NYSE:WRN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 45,991 shares of the company’s stock, valued at approximately $48,000. 21.96% of the stock is owned by hedge funds and other institutional investors.

Western Copper & Gold Company Profile

Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. It currently focuses on the development of the Casino Project. The company was founded on March 17, 2006 and is headquartered in Vancouver, Canada.