Western Copper and Gold Corporation (AMEX:WRN) has a beta value of 2.68 and has seen 0.37 million shares traded in the last trading session. The company, currently valued at $302.80M, closed the last trade at $1.75 per share which meant it lost -$0.03 on the day or -1.69% during that session. The WRN stock price is -61.71% off its 52-week high price of $2.83 and 45.71% above the 52-week low of $0.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.35 million shares traded. The 3-month trading volume is 452.55K shares.
Western Copper and Gold Corporation (AMEX:WRN) trade information
Sporting -1.69% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the WRN stock price touched $1.75 or saw a rise of 4.37%. Year-to-date, Western Copper and Gold Corporation shares have moved 42.28%, while the 5-day performance has seen it change 2.94%. Over the past 30 days, the shares of Western Copper and Gold Corporation (AMEX:WRN) have changed -4.89%. Short interest in the company has seen 0.49 million shares shorted with days to cover at 0.88.
Wall Street analysts have a consensus price target for the stock at $3.41, which means that the shares’ value could jump 48.68% from current levels. The projected low price target is $2.81 while the price target rests at a high of $4.00. In that case, then, we find that the current price level is -128.57% off the targeted high while a plunge would see the stock gain -60.57% from current levels.
Western Copper and Gold Corporation (WRN) estimates and forecasts
Figures show that Western Copper and Gold Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained 38.89% over the past 6 months, with this year growth rate of -200.00%, compared to 23.50% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.70% over the past 5 years.
Western Copper and Gold Corporation is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Western Copper and Gold Corporation (AMEX:WRN)’s Major holders
Insiders own 8.60% of the company shares, while shares held by institutions stand at 14.07% with a share float percentage of 15.39%. Investors are also buoyed by the number of investors in a company, with Western Copper and Gold Corporation having a total of 38 institutions that hold shares in the company. The top two institutional holders are FMR, LLC with over 7.11 million shares worth more than $8.96 million. As of Mar 30, 2021, FMR, LLC held 4.72% of shares outstanding.
The other major institutional holder is Claret Asset Management Corp, with the holding of over 3.7 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $4.66 million and represent 2.46% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Select Portfolios – Gold and Franklin Gold and Precious Metals Fund. As of May 30, 2021, the former fund manager holds about 4.98% shares in the company for having 7.5 million shares of worth $19.65 million while later fund manager owns 2.43 million shares of worth $3.47 million as of Apr 29, 2021, which makes it owner of about 1.61% of company’s outstanding stock.