Western Copper and Gold (TSE:WRN) Reaches New 1-Year Low – What’s Next?

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN)’s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as C$2.17 and last traded at C$2.19, with a volume of 335,825 shares changing hands. The stock had previously closed at C$2.20.

Analyst Ratings Changes

Separately, National Bank Financial lifted their price objective on Western Copper and Gold from C$7.50 to C$8.00 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, Western Copper and Gold presently has a consensus rating of “Buy” and a consensus price target of C$6.75.

Western Copper and Gold Stock Performance

The firm has a market capitalization of C$493.06 million, a PE ratio of 218.00 and a beta of 2.09. The company has a current ratio of 31.48, a quick ratio of 5.52 and a debt-to-equity ratio of 0.27. The business’s 50 day simple moving average is C$2.96 and its two-hundred day simple moving average is C$3.55.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last released its quarterly earnings results on Friday, August 7th. The company reported C($0.01) earnings per share (EPS) for the quarter. Research analysts expect that Western Copper and Gold Co. will post -0.01 earnings per share for the current fiscal year.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.