Western Copper and Gold (NYSEAMERICAN:WRN) Trading 6.7% Higher – Here’s What Happened

Shares of Western Copper and Gold Corporation (NYSEAMERICAN:WRNGet Free Report) (TSE:WRN) rose 6.7% on Tuesday . The company traded as high as $3.55 and last traded at $3.5640. Approximately 514,853 shares changed hands during trading, a decline of 66% from the average daily volume of 1,508,785 shares. The stock had previously closed at $3.34.

Western Copper and Gold Price Performance

The company has a 50-day simple moving average of $2.75 and a 200-day simple moving average of $2.04. The stock has a market cap of $746.63 million, a PE ratio of -369.00 and a beta of 1.08.

Western Copper and Gold Company Profile

(Get Free Report)

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.

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