Western Copper & Gold Corp $WRN Shares Sold by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC lowered its holdings in shares of Western Copper & Gold Corp (NYSE:WRN) by 72.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,637 shares of the company’s stock after selling 767,714 shares during the period. Euro Pacific Asset Management LLC’s holdings in Western Copper & Gold were worth $366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of WRN. Russell Investments Group Ltd. increased its holdings in shares of Western Copper & Gold by 42.3% during the first quarter. Russell Investments Group Ltd. now owns 859,785 shares of the company’s stock valued at $980,000 after purchasing an additional 255,642 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Western Copper & Gold by 98.0% in the first quarter. Goldman Sachs Group Inc. now owns 488,693 shares of the company’s stock worth $555,000 after purchasing an additional 241,868 shares during the period. Finally, SBI Securities Co. Ltd. grew its position in Western Copper & Gold by 255.5% in the 1st quarter. SBI Securities Co. Ltd. now owns 74,536 shares of the company’s stock valued at $85,000 after buying an additional 53,570 shares in the last quarter. Institutional investors own 21.96% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WRN. HC Wainwright upped their price target on shares of Western Copper & Gold from $4.00 to $4.25 and gave the stock a “buy” rating in a research note on Friday, September 26th. Stifel Canada upgraded shares of Western Copper & Gold to a “strong-buy” rating in a research report on Tuesday, June 10th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $4.25.

Western Copper & Gold Price Performance

Western Copper & Gold stock opened at $2.00 on Monday. The company’s fifty day moving average price is $1.50 and its two-hundred day moving average price is $1.30. Western Copper & Gold Corp has a one year low of $0.90 and a one year high of $2.06. The company has a market capitalization of $403.31 million, a price-to-earnings ratio of -100.00 and a beta of 1.13.

Western Copper & Gold Company Profile

Western Copper & Gold Corp. operates as an exploration stage company, which engages in the acquisition, exploration, and future development of mineral resource properties. It currently focuses on the development of the Casino Project. The company was founded on March 17, 2006 and is headquartered in Vancouver, Canada.