Western Copper and Gold (TSE:WRN) Posts Quarterly Earnings Results

Western Copper and Gold (TSE:WRN) (NYSE:WRN) released its quarterly earnings data on Thursday. The company reported C$0.01 EPS for the quarter, FiscalAI reports.

Western Copper and Gold Stock Performance

TSE:WRN opened at C$3.26 on Friday. Western Copper and Gold has a twelve month low of C$1.28 and a twelve month high of C$5.74. The firm has a market capitalization of C$735.52 million, a price-to-earnings ratio of -163.00 and a beta of 1.48. The company has a current ratio of 10.53, a quick ratio of 5.52 and a debt-to-equity ratio of 0.14. The firm’s fifty day simple moving average is C$4.31 and its 200 day simple moving average is C$3.59.

Wall Street Analyst Weigh In

WRN has been the subject of a number of research reports. National Bank Financial boosted their price target on Western Copper and Gold from C$5.50 to C$7.50 in a research report on Thursday, January 29th. BMO Capital Markets raised their price objective on Western Copper and Gold from C$5.00 to C$5.50 and gave the stock an “outperform” rating in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus price target of C$6.17.

Western Copper and Gold Company Profile

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.