Canaccord Genuity lifts Western Copper & Gold Corp [WRN] price estimate. Who else is bullish?

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Western Copper & Gold Corp [AMEX: WRN] slipped around -0.02 points on Wednesday, while shares priced at $1.08 at the close of the session, down -1.83%.

Compared to the average trading volume of 283.43K shares, WRN reached a trading volume of 257510 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Western Copper & Gold Corp [WRN]?

Canaccord Genuity have made an estimate for Western Copper & Gold Corp shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 27, 2020, representing the official price target for Western Copper & Gold Corp stock.

The Average True Range (ATR) for Western Copper & Gold Corp is set at 0.04 The Price to Book ratio for the last quarter was 1.51, with the Price to Cash per share for the same quarter was set at 0.28.

How has WRN stock performed recently?

Western Copper & Gold Corp [WRN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.38. With this latest performance, WRN shares dropped by -1.38% in over the last four-week period, additionally sinking by -7.33% over the last 6 months – not to mention a drop of -22.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WRN stock in for the last two-week period is set at 48.99, with the RSI for the last a single of trading hit 50.79, and the three-weeks RSI is set at 47.85 for Western Copper & Gold Corp [WRN]. The present Moving Average for the last 50 days of trading for this stock 1.1066, while it was recorded at 1.0940 for the last single week of trading, and 1.2287 for the last 200 days.

Western Copper & Gold Corp [WRN]: Deeper insight into the fundamentals

Western Copper & Gold Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 25.50 and a Current Ratio set at 25.70.

Insider trade positions for Western Copper & Gold Corp [WRN]

There are presently around $22.28%, or 26.62%% of WRN stock, in the hands of institutional investors. The top three institutional holders of WRN stocks are: FMR LLC with ownership of 8.84 million shares, which is approximately 5.2911%. FRANKLIN RESOURCES INC, holding 4.78 million shares of the stock with an approximate value of $$5.45 million in WRN stocks shares; and FRANKLIN RESOURCES INC, currently with $$4.22 million in WRN stock with ownership which is approximately 2.2134%.