Western Copper and Gold (NYSEAMERICAN:WRN) Stock Passes Below 200 Day Moving Average – What’s Next?

Posted by George Bondi on May 16th, 2026

Western Copper and Gold Corporation (NYSEAMERICAN:WRN – Get Free Report) (TSE:WRN)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.80 and traded as low as $2.74. Western Copper and Gold shares last traded at $2.80, with a volume of 6,668,920 shares traded.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reiterated a “buy” rating and set a $5.75 target price on shares of Western Copper and Gold in a research report on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Strong Buy” and an average price target of $5.75.

View Our Latest Stock Analysis on Western Copper and Gold

Western Copper and Gold Trading Down 5.7%

The business’s fifty day simple moving average is $2.75 and its 200 day simple moving average is $2.80. The stock has a market cap of $631.76 million, a P/E ratio of -280.00 and a beta of 1.16.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of WRN. Renaissance Technologies LLC acquired a new stake in shares of Western Copper and Gold in the first quarter valued at approximately $809,000. Gamco Investors INC. ET AL boosted its holdings in shares of Western Copper and Gold by 1.2% during the 1st quarter. Gamco Investors INC. ET AL now owns 534,800 shares of the company’s stock worth $1,353,000 after buying an additional 6,600 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Western Copper and Gold by 1,464.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,654,741 shares of the company’s stock worth $4,197,000 after purchasing an additional 1,548,938 shares in the last quarter. Walleye Capital LLC bought a new position in Western Copper and Gold during the 1st quarter valued at $2,249,000. Finally, Euro Pacific Asset Management LLC grew its holdings in shares of Western Copper and Gold by 133.9% during the first quarter. Euro Pacific Asset Management LLC now owns 2,421,617 shares of the company’s stock worth $5,999,000 after purchasing an additional 1,386,111 shares in the last quarter. Institutional investors own 21.96% of the company’s stock.

Western Copper and Gold Company Profile

(Get Free Report)

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.