Western Copper and Gold (NYSEAMERICAN:WRN) Shares Up 6.7% – Still a Buy?

Western Copper and Gold Corporation (NYSEAMERICAN:WRNGet Free Report) (TSE:WRN)’s share price traded up 6.7% on Tuesday . The stock traded as high as $3.55 and last traded at $3.5640. 514,853 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 1,508,785 shares. The stock had previously closed at $3.34.

Western Copper and Gold Price Performance

The company has a 50 day moving average of $2.65 and a 200-day moving average of $2.00. The company has a market cap of $746.61 million, a P/E ratio of -367.50 and a beta of 1.08.

Western Copper and Gold Company Profile

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Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.

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