Western Copper and Gold (TSE:WRN) Hits New 1-Year Low – What’s Next?

Western Copper and Gold Co. (TSE:WRN) (NYSE:WRN)’s share price hit a new 52-week low on Thursday. The company traded as low as C$2.07 and last traded at C$2.07, with a volume of 602,345 shares changing hands. The stock had previously closed at C$2.17.

Western Copper and Gold Price Performance

The company has a 50 day moving average price of C$2.85 and a 200 day moving average price of C$3.50. The company has a market capitalization of C$475.18 million, a price-to-earnings ratio of 217.00 and a beta of 2.09. The company has a current ratio of 16.04, a quick ratio of 5.52 and a debt-to-equity ratio of 0.24.

Western Copper and Gold (TSE:WRN) (NYSE:WRN) last posted its quarterly earnings results on Friday, November 6th. The company reported C($0.01) earnings per share for the quarter. As a group, equities research analysts forecast that Western Copper and Gold Co. will post -0.01 earnings per share for the current year.

About Western Copper and Gold

Western Copper and Gold Corporation is advancing the Casino Project, Canada’s premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.