Western Copper and Gold (TSE:WRN) PT Set at C$5.50 by Stifel Nicolaus

Stifel Nicolaus set a C$5.50 target price on Western Copper and Gold (TSE:WRN) (NYSE:WRN) in a research note issued to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Cormark upgraded Western Copper and Gold to a “moderate buy” rating in a research report on Tuesday, February 18th. Three equities research 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.com, the stock has an average rating of “Buy” and an average price target of C$4.00.

Western Copper and Gold Price Performance

Shares of TSE:WRN opened at C$1.85 on Wednesday. Western Copper and Gold has a 1-year low of C$1.28 and a 1-year high of C$1.93. The firm has a market capitalization of C$360.97 million, a PE ratio of -61.59 and a beta of 2.04. The business’s 50 day moving average is C$1.59 and its 200-day moving average is C$1.55. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02.

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.