Western Copper and Gold (NYSEAMERICAN:WRN) Upgraded to Sell by StockNews.com

StockNews.com upgraded shares of Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) to a sell rating in a report published on Friday morning.

A number of other research analysts also recently issued reports on WRN. HC Wainwright reaffirmed a buy rating and issued a $4.25 price objective on shares of Western Copper and Gold in a research report on Wednesday, June 26th. Eight Capital raised shares of Western Copper and Gold to a strong-buy rating in a research report on Tuesday, June 11th.

Western Copper and Gold Trading Up 2.8 %

Shares of Western Copper and Gold stock opened at $1.12 on Friday. Western Copper and Gold has a 52-week low of $0.95 and a 52-week high of $1.66. The company has a market capitalization of $221.97 million, a PE ratio of -37.33 and a beta of 1.85.

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) last issued its quarterly earnings data on Thursday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Western Copper and Gold will post -0.02 earnings per share for the current fiscal year.

Institutional Trading of Western Copper and Gold

Several large investors have recently bought and sold shares of WRN. Herr Investment Group LLC purchased a new stake in shares of Western Copper and Gold in the 1st quarter valued at $2,552,000. Platte River Wealth Advisors LLC purchased a new stake in shares of Western Copper and Gold in the 1st quarter valued at $843,000. Sweeney & Michel LLC purchased a new stake in shares of Western Copper and Gold in the 1st quarter valued at $118,000. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Western Copper and Gold by 379.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock valued at $70,000 after acquiring an additional 41,753 shares during the last quarter. Finally, National Bank of Canada FI boosted its holdings in shares of Western Copper and Gold by 750.0% in the 4th quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock valued at $45,000 after acquiring an additional 30,000 shares during the last quarter. Hedge funds and other institutional investors own 21.96% of the company’s stock.

About Western Copper and Gold

Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.