Western Copper and Gold Corporation (NASDAQ:WRN) Given $1.56 Average Price Target by Analysts

Shares of Western Copper and Gold Corporation (NASDAQ:WRN) have been assigned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.

Brokers have set a 12 month consensus price objective of $1.56 for the company and are predicting that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Western Copper and Gold an industry rank of 73 out of 256 based on the ratings given to related companies.

Shares of NASDAQ:WRN traded down $0.03 during midday trading on Thursday, reaching $0.64. 161,303 shares of the company traded hands, compared to its average volume of 80,631. Western Copper and Gold has a 12 month low of $0.35 and a 12 month high of $0.85. The business’s fifty day moving average price is $0.62.

Western Copper and Gold (NASDAQ:WRN) last posted its earnings results on Friday, April 26th. The company reported ($0.01) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.01).

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, silver, copper, and molybdenum deposits. It focuses on advancing Casino mineral property located in Yukon, Canada. The company was formerly known as Western Copper Corporation and changed its name to Western Copper and Gold Corporation in October 2011.

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