Western Copper and Gold (TSE:WRN) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.10 and traded as high as C$3.06. Western Copper and Gold shares last traded at C$2.91, with a volume of 287,818 shares trading hands.

Western Copper and Gold Price Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 25.74 and a quick ratio of 5.52. The company has a fifty day moving average price of C$2.83 and a 200 day moving average price of C$2.12. The company has a market capitalization of C$628.39 million, a P/E ratio of -155.50 and a beta of 1.32.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$0.00 earnings per share (EPS) for the quarter. On average, sell-side analysts forecast that Western Copper and Gold Co. will post -0.01 EPS for the current fiscal year.

About Western Copper and Gold

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.