Western Copper and Gold (NYSEAMERICAN:WRN) Stock Crosses Above Fifty Day Moving Average of $0.00

Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $1.42. Western Copper and Gold shares last traded at $1.40, with a volume of 102,858 shares changing hands.

Western Copper and Gold Trading Up 2.5 %

The firm has a market cap of $243.20 million, a price-to-earnings ratio of -48.00 and a beta of 1.92.

Institutional Investors Weigh In On Western Copper and Gold

Hedge funds have recently bought and sold shares of the company. Rathbones Group PLC acquired a new stake in Western Copper and Gold in the third quarter worth $38,000. National Bank of Canada FI raised its holdings in shares of Western Copper and Gold by 750.0% during the fourth quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock worth $45,000 after acquiring an additional 30,000 shares during the period. Bank of America Corp DE raised its holdings in shares of Western Copper and Gold by 936.8% during the fourth quarter. Bank of America Corp DE now owns 25,900 shares of the company’s stock worth $46,000 after acquiring an additional 23,402 shares during the period. Jane Street Group LLC acquired a new stake in shares of Western Copper and Gold during the second quarter worth $54,000. Finally, Cibc World Market Inc. acquired a new stake in shares of Western Copper and Gold during the first quarter worth $64,000. 21.96% of the stock is currently owned by institutional investors and hedge funds.

About Western Copper and 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.