National Bankshares Forecasts Strong Price Appreciation for Western Copper and Gold (TSE:WRN) Stock

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its price target boosted by National Bankshares from C$5.50 to C$7.50 in a research note issued on Thursday,BayStreet.CA reports. National Bankshares’ price objective would suggest a potential upside of 47.35% from the stock’s previous close.

Western Copper and Gold Trading Down 6.8%

Western Copper and Gold stock traded down C$0.37 during mid-day trading on Thursday, hitting C$5.09. The company’s stock had a trading volume of 590,228 shares, compared to its average volume of 489,402. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.52 and a current ratio of 25.74. The company has a 50 day moving average of C$3.98 and a 200-day moving average of C$2.93. Western Copper and Gold has a one year low of C$1.28 and a one year high of C$5.74. The stock has a market cap of C$1.03 billion, a PE ratio of -254.50 and a beta of 1.53.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last issued its earnings results on Thursday, November 6th. The company reported C$0.00 earnings per share (EPS) for the quarter. On average, research analysts anticipate that Western Copper and Gold will post -0.01 EPS for the current year.

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.