Western Copper and Gold provides a compelling contrarian investment opportunity. Permitting concerns are overblown following the Victoria Gold disaster. Massive, high-grade gold and copper resources are poised for development.
Western Copper and Gold Corporation (WRN) is rated a "Buy" despite a -19.29% return, due to strong long-term prospects and strategic importance of future Yukon production of copper and gold. The Casino project in the Yukon promises low-cost production of several metals, including copper and gold, over many decades, supported by optimistic forecasts for metals prices, and favourable Fed actions. The project's viability is enhanced by significant mineral reserves, strategic location and potential cost savings in transportation, metal ore processing and energy procurement. These are also risk reduction factors.
National Bank of Canada FI boosted its stake in shares of Western Copper and Gold Co. (NYSEAMERICAN:WRN – Free Report) (TSE:WRN) by 750.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,000 shares of the company’s stock after acquiring an additional 30,000 shares during the quarter. National Bank of Canada FI’s holdings in Western Copper and Gold were worth $45,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its stake in Western Copper and Gold by 379.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock worth $70,000 after purchasing an additional 41,753 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in Western Copper and Gold by 5.8% during the 3rd quarter. Gamco Investors INC. ET AL now owns 642,070 shares of the company’s stock worth $876,000 after buying an additional 35,400 shares in the last quarter. Finally, Rathbones Group PLC bought a new stake in Western Copper and Gold during the 3rd quarter worth about $38,000. 21.96% of the stock is owned by institutional investors. Western Copper and Gold Stock Up 4.7 % Shares of NYSEAMERICAN WRN opened at $1.55 on Monday. Western Copper and Gold Co. has a 1-year low of $0.95 and a 1-year high of $1.74. The stock has a market capitalization of $303.97 million, a price-to-earnings ratio of -51.67 and a beta of 1.94. Western Copper and Gold (NYSEAMERICAN:WRN – Get Free Report) (TSE:WRN) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts anticipate that Western Copper and Gold Co. will post -0.02 earnings per share for the current year. Western Copper and Gold Company Profile (Free Report) Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada. See Also Five stocks we like better than Western Copper and Gold What Investors Need to Know to Beat the Market MarketBeat Week in Review – 5/13 – 5/17 The Top 3 Healthcare Dividend Stocks to Buy and Hold Take-Two Interactive Software Offers 2nd Chance for Investors Stock Average Calculator Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook Want to see what other hedge funds are holding WRN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Copper and Gold Co. (NYSEAMERICAN:WRN – Free Report) (TSE:WRN).
| Metals & Mining Industry | Materials Sector | Sandeep Singh CEO | XFRA Exchange | CA95805V1085 ISIN |
| CA Country | 15 Employees | - Last Dividend | - Last Split | - IPO Date |
Western Copper and Gold Corporation is an exploration stage company that specializes in the exploration and development of mineral properties in Canada. Founded in 2006 and originally known as Western Copper Corporation, the company underwent a name change in October 2011 to better reflect its expanded focus on both copper and gold exploration. The company's activities primarily revolve around the search for gold, copper, silver, and molybdenum deposits. Its flagship project, the Casino mineral property, is a significant focus, encompassing 1,136 full and partial quartz claims and 55 placer claims situated in the Yukon, Canada. With its headquarters in Vancouver, Canada, Western Copper and Gold Corporation is dedicated to advancing its projects through detailed exploration and development initiatives.