Short Interest in Western Copper and Gold Corporation (NYSEAMERICAN:WRN) Decreases By 17.5%

Western Copper and Gold Corporation (NYSEAMERICAN:WRN) (TSE:WRN) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 1,451,493 shares, a drop of 17.5% from the November 30th total of 1,758,446 shares. Based on an average daily volume of 892,448 shares, the short-interest ratio is currently 1.6 days. Approximately 0.8% of the shares of the stock are short sold. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 892,448 shares, the short-interest ratio is currently 1.6 days.

Western Copper and Gold Stock Down 3.6%

NYSEAMERICAN:WRN traded down $0.10 during trading hours on Wednesday, hitting $2.67. 906,817 shares of the stock were exchanged, compared to its average volume of 954,341. The company has a market capitalization of $539.50 million, a P/E ratio of -267.00 and a beta of 1.06. Western Copper and Gold has a twelve month low of $0.90 and a twelve month high of $3.02. The company’s 50 day moving average is $2.36 and its two-hundred day moving average is $1.82.

About Western Copper and Gold

Western Copper and Gold Corporation is a Canada-based mineral exploration and development company focused on advancing one of the world’s largest undeveloped copper-gold deposits. Listed on the NYSE American under the symbol WRN, the company’s primary asset is the Casino Project, located in the Yukon Territory of northern Canada. Western Copper and Gold’s activities are centered on resource definition, engineering studies, environmental assessment and community engagement to prepare the deposit for eventual production.

The Casino Project comprises multiple porphyry-style mineralized zones containing copper, gold, molybdenum and silver.