Cormark Cuts Earnings Estimates for Western Copper and Gold

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) – Stock analysts at Cormark lowered their FY2025 earnings estimates for shares of Western Copper and Gold in a report issued on Tuesday, June 17th. Cormark analyst S. Ioannou now anticipates that the company will post earnings of ($0.05) per share for the year, down from their previous forecast of ($0.03). The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.01) per share. Cormark also issued estimates for Western Copper and Gold’s FY2026 earnings at ($0.05) EPS.

Several other analysts also recently issued reports on WRN. Stifel Canada raised shares of Western Copper and Gold to a “strong-buy” rating in a research report on Tuesday, June 10th. Stifel Nicolaus set a C$5.50 price target on shares of Western Copper and Gold and gave the company a “buy” rating in a research report on Wednesday, June 11th. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$4.00.

Western Copper and Gold Stock Performance

TSE WRN opened at C$1.83 on Thursday. The company has a fifty day simple moving average of C$1.62 and a 200 day simple moving average of C$1.55. Western Copper and Gold has a 12-month low of C$1.28 and a 12-month high of C$1.93. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02. The company has a market cap of C$357.06 million, a P/E ratio of -60.92 and a beta of 2.04.

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.