BMO Capital Markets Boosts Western Copper and Gold (TSE:WRN) Price Target to C$5.50

Western Copper and Gold (TSE:WRN) (NYSE:WRN) had its target price hoisted by BMO Capital Markets from C$5.00 to C$5.50 in a report released on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 18.28% from the stock’s previous close.

Separately, National Bank Financial boosted their price objective on Western Copper and Gold from C$5.50 to C$7.50 in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy” and an average target price of C$6.17.

Western Copper and Gold Stock Performance

TSE:WRN traded up C$0.06 during mid-day trading on Friday, hitting C$4.65. The stock had a trading volume of 463,603 shares, compared to its average volume of 583,673. The company has a current ratio of 25.74, a quick ratio of 5.52 and a debt-to-equity ratio of 0.02. The company has a 50 day simple moving average of C$4.42 and a 200-day simple moving average of C$3.32. The stock has a market capitalization of C$944.00 million, a price-to-earnings ratio of -232.50 and a beta of 1.79. Western Copper and Gold has a 52 week low of C$1.28 and a 52 week high of C$5.74.

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.