Western Copper and Gold (NYSEAMERICAN:WRN) Shares Gap Up – What’s Next?

Shares of Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) gapped up before the market opened on Tuesday . The stock had previously closed at $2.69, but opened at $2.80. Western Copper and Gold shares last traded at $2.7250, with a volume of 434,086 shares traded.

Western Copper and Gold Trading Up 1.3%

The company has a market capitalization of $550.61 million, a price-to-earnings ratio of -272.50 and a beta of 1.06. The stock’s fifty day simple moving average is $2.34 and its 200-day simple moving average is $1.81.

Western Copper and Gold Company Profile

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.