Western Copper & Gold (NYSE:WRN) Rating Increased to Sell at StockNews.com

Western Copper & Gold (NYSE:WRN) was upgraded by StockNews.com to a “sell” rating in a report issued on Wednesday.

Western Copper & Gold Stock Down 2.2 %

Western Copper & Gold stock opened at $1.12 on Wednesday. The stock has a market capitalization of $222.01 million, a price-to-earnings ratio of -37.33 and a beta of 1.84. Western Copper & Gold has a 12 month low of $0.95 and a 12 month high of $1.66.

Western Copper & Gold (NYSE:WRN) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, research analysts anticipate that Western Copper & Gold will post -0.02 EPS for the current year.

Institutional Investors Weigh In On Western Copper & Gold

A hedge fund recently bought a new stake in Western Copper & Gold stock. Rathbones Group PLC bought a new position in Western Copper & Gold Corp (NYSE:WRN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 27,450 shares of the company’s stock, valued at approximately $31,000. 21.96% of the stock is owned by institutional investors and hedge funds.

About Western Copper & 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.