Renaissance Technologies LLC Purchases New Holdings in Western Copper and Gold Corporation $WRN

Renaissance Technologies LLC acquired a new position in Western Copper and Gold Corporation (NYSEAMERICAN:WRNFree Report) (TSE:WRN) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 319,600 shares of the company’s stock, valued at approximately $809,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP acquired a new stake in Western Copper and Gold during the 4th quarter valued at $28,000. Centiva Capital LP acquired a new stake in shares of Western Copper and Gold in the third quarter worth $31,000. Jane Street Group LLC acquired a new stake in shares of Western Copper and Gold in the second quarter worth $45,000. International Assets Investment Management LLC grew its holdings in shares of Western Copper and Gold by 45.6% during the fourth quarter. International Assets Investment Management LLC now owns 18,200 shares of the company’s stock valued at $49,000 after buying an additional 5,700 shares in the last quarter. Finally, XTX Topco Ltd grew its holdings in shares of Western Copper and Gold by 317.9% during the second quarter. XTX Topco Ltd now owns 50,877 shares of the company’s stock valued at $64,000 after buying an additional 38,704 shares in the last quarter. 21.96% of the stock is currently owned by hedge funds and other institutional investors.

Western Copper and Gold Stock Performance

Shares of WRN opened at $2.40 on Friday. The company’s 50 day moving average price is $2.26 and its 200 day moving average price is $2.70. Western Copper and Gold Corporation has a 52 week low of $1.22 and a 52 week high of $4.26. The company has a market capitalization of $542.02 million, a PE ratio of -120.00 and a beta of 1.27.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reissued a “buy” rating on shares of Western Copper and Gold in a research report on Tuesday, June 30th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $5.75.

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About Western Copper and Gold

(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.

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Institutional Ownership by Quarter for Western Copper and Gold (NYSEAMERICAN:WRN)

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