Western Copper and Gold Co. (TSE:WRN) Forecasted to Earn FY2024 Earnings of ($0.03) Per Share

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN) – HC Wainwright issued their FY2024 earnings estimates for Western Copper and Gold in a report released on Wednesday, May 22nd. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of ($0.03) for the year. The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.01) per share. HC Wainwright also issued estimates for Western Copper and Gold’s FY2025 earnings at ($0.03) EPS.

Separately, Cormark boosted their price target on shares of Western Copper and Gold from C$3.50 to C$4.00 in a report on Wednesday, May 1st.

Western Copper and Gold Stock Performance

Shares of TSE:WRN opened at C$1.90 on Thursday. The company has a market capitalization of C$372.80 million, a PE ratio of -95.00 and a beta of 2.12. Western Copper and Gold has a 12-month low of C$1.27 and a 12-month high of C$2.27. The business has a 50 day moving average of C$2.03 and a two-hundred day moving average of C$1.79. The company has a current ratio of 7.47, a quick ratio of 5.52 and a debt-to-equity ratio of 0.14.

Insiders Place Their Bets

In other news, Senior Officer Paul George West-Sells sold 125,000 shares of Western Copper and Gold stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of C$2.09, for a total value of C$261,250.00. 16.83% of the stock is currently owned by insiders.

Western Copper and Gold Company Profile

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.