Western Copper and Gold (NYSEAMERICAN:WRN) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.00 and traded as high as $1.22. Western Copper and Gold shares last traded at $1.17, with a volume of 419,957 shares traded.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. StockNews.com upgraded shares of Western Copper and Gold to a “sell” rating in a report on Friday, July 26th. HC Wainwright restated a “buy” rating and set a $4.25 price objective on shares of Western Copper and Gold in a report on Wednesday, June 26th.

Western Copper and Gold Stock Performance

The company has a market cap of $230.89 million, a PE ratio of -39.00 and a beta of 1.85.

Western Copper and Gold (NYSEAMERICAN:WRN) (TSE:WRN) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter. As a group, equities research analysts expect that Western Copper and Gold Co. will post -0.02 EPS for the current year.

Institutional Investors Weigh In On Western Copper and Gold

A hedge fund recently bought a new stake in Western Copper and Gold stock. Sweeney & Michel LLC acquired a new stake in Western Copper and Gold Co. (NYSEAMERICAN:WRN) (TSE:WRN) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 78,194 shares of the company’s stock, valued at approximately $118,000. 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.