Western Copper and Gold Corporation (NYSEAMERICAN:WRN – Free Report) (TSE:WRN) – Investment analysts at HC Wainwright increased their FY2026 earnings estimates for Western Copper and Gold in a research note issued to investors on Friday, September 4th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.02) per share for the year, up from their prior forecast of ($0.03). HC Wainwright has a “Buy” rating and a $5.75 price objective on the stock. The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.03) per share.
Separately, UBS Group restated a “buy” rating and set a $5.25 price objective on shares of Western Copper and Gold in a research report on Wednesday, August 26th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $5.50.
Western Copper and Gold Stock Performance
Shares of WRN stock opened at $2.50 on Wednesday. The company has a market capitalization of $564.60 million, a price-to-earnings ratio of -125.00 and a beta of 1.32. The company has a 50-day simple moving average of $2.31 and a 200 day simple moving average of $2.59. Western Copper and Gold has a 52 week low of $1.53 and a 52 week high of $4.26.
Institutional Investors Weigh In On Western Copper and Gold
Institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC grew its stake in shares of Western Copper and Gold by 45.6% in the fourth quarter. International Assets Investment Management LLC now owns 18,200 shares of the company’s stock valued at $49,000 after acquiring an additional 5,700 shares in the last quarter. Gamco Investors INC. ET AL increased its position in Western Copper and Gold by 1.2% during the first quarter. Gamco Investors INC. ET AL now owns 534,800 shares of the company’s stock worth $1,353,000 after acquiring an additional 6,600 shares during the period. Raymond James Financial Inc. raised its stake in Western Copper and Gold by 23.1% in the 2nd quarter. Raymond James Financial Inc. now owns 53,253 shares of the company’s stock worth $67,000 after purchasing an additional 10,000 shares in the last quarter. Dimensional Fund Advisors LP acquired a new stake in Western Copper and Gold in the 4th quarter worth about $28,000. Finally, Deutsche Bank AG bought a new stake in Western Copper and Gold in the 2nd quarter valued at about $27,000. Institutional investors own 21.96% of the company’s stock.
Western Copper and Gold Company Profile
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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