Western Copper and Gold (NYSEAMERICAN:WRN) Stock Price Up 3.3% – Time to Buy?

Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) rose 3.3% during trading on Friday . The stock traded as high as $2.97 and last traded at $2.9550. Approximately 422,910 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 594,254 shares. The stock had previously closed at $2.86.

Western Copper and Gold Trading Up 3.9%

The company has a market cap of $600.52 million, a P/E ratio of -296.50 and a beta of 1.06. The company’s 50-day moving average price is $2.31 and its two-hundred day moving average price is $1.78.

Western Copper and Gold Company Profile

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.