Western Copper and Gold (TSE:WRN) Shares Cross Above 200-Day Moving Average – Time to Sell?

On March 25, 2025, shares of Western Copper and Gold Co. (TSE:WRN) made a notable move by crossing above their 200-day moving average during trading hours. The 200-day moving average stands at C$1.56, with the stock peaking at C$1.64 before settling at C$1.62. During this trading session, a total of 23,483 shares were exchanged.

Wall Street Analyst Perspective

Recent analyst reports highlight a positive outlook for WRN. Canaccord Genuity Group has recently upgraded Western Copper and Gold to a “moderate buy” rating in a report dated December 9th. Similarly, Cormark has also raised the stock's standing to a “moderate buy” on February 18th. Furthermore, BMO Capital Markets set a price target of C$3.00 for the company, simultaneously giving it an “outperform” rating in their analysis published on January 30th. Currently, three analysts have classified the stock as a buy, with one giving it a strong buy rating. MarketBeat.com reports that Western Copper and Gold enjoys an average rating of “Buy,” alongside an average price target of C$3.69.

Price Performance Overview

Analyzing the stock’s recent performance, it shows a 50-day simple moving average of C$1.51 compared to its 200-day average of C$1.56. The market capitalization for Western Copper and Gold is approximately C$316.09 million, featuring a PE ratio of -53.93 and a beta of 2.04. The company’s current ratio is at an impressive 25.74, while the quick ratio is 5.52. Additionally, the debt-to-equity ratio is exceptionally low at 0.02.

About Western Copper and Gold

Western Copper & Gold Corp is a Canadian exploration-stage enterprise focused on the acquisition, exploration, and future development of resource properties. The company is primarily engaged in developing the Casino project, which aims to become Canada's leading copper-gold mine, boasting substantial reserves in the Yukon region.

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