Western Copper and Gold (WRN) Expected to Post Earnings on Thursday

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) is projected to post its results before the market opens on Thursday, November 5th. Analysts expect Western Copper and Gold to announce earnings of ($0.0070) per share for the quarter.

Western Copper and Gold Stock Performance

Shares of NYSEAMERICAN:WRN traded down $0.03 on Tuesday, hitting $1.55. The company’s stock had a trading volume of 13,652 shares, compared to its average volume of 1,702,462. The stock’s 50-day moving average is $2.17 and its two-hundred day moving average is $2.59. The company has a market capitalization of $351.87 million, a price-to-earnings ratio of -77.75 and a beta of 1.31. Western Copper and Gold has a 12 month low of $1.55 and a 12 month high of $4.26.

Analyst Ratings Changes

Several research analysts have recently issued reports on WRN shares. HC Wainwright reiterated a “buy” rating and issued a $5.75 price objective on shares of Western Copper and Gold in a report on Friday, September 4th. UBS Group reissued a “buy” rating and issued a $5.25 price target on shares of Western Copper and Gold in a research note on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, Western Copper and Gold has a consensus rating of “Buy” and an average price target of $5.50.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation is a Canadian mineral exploration and development company focused on advancing the Casino Project in Yukon, Canada. The company is not a producing mining company; its primary activities include exploration, technical studies, permitting and project development.

The Casino Project is a large porphyry deposit containing copper, gold, molybdenum and silver. Located in west-central Yukon, the project is intended to be developed as a large-scale open-pit mining and processing operation, subject to regulatory approvals, financing and construction decisions.