BMO Capital Markets Reiterates “C$3.00” Price Target for Western Copper and Gold (TSE:WRN)

BMO Capital Markets set a C$3.00 target price on Western Copper and Gold (TSE:WRN) (NYSE:WRN) in a report published on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Canaccord Genuity Group raised shares of Western Copper and Gold to a “moderate buy” rating in a research note on Monday, December 9th. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$3.69.

Western Copper and Gold Stock Down 0.7 %

TSE:WRN opened at C$1.46 on Thursday. Western Copper and Gold has a one year low of C$1.27 and a one year high of C$2.27. The company has a debt-to-equity ratio of 0.04, a current ratio of 28.49 and a quick ratio of 5.52. The company has a market cap of C$289.40 million, a PE ratio of -36.50 and a beta of 2.04. The firm’s 50 day simple moving average is C$1.52 and its 200 day simple moving average is C$1.57.

Insiders Place Their Bets

In related news, Senior Officer Paul George West-Sells sold 100,000 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of C$1.54, for a total transaction of C$153,600.00. Company insiders own 16.29% of the company’s stock.

About Western Copper and Gold

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.