Institutional Investors Western Copper and Gold Co. to Post FY2024 Earnings of ($0.02) Per Share, HC Wainwright Forecasts (NYSEAMERICAN:WRN)
Western Copper and Gold Co. (NYSEAMERICAN:WRN – Free Report) (TSE:WRN) – Research analysts at HC Wainwright issued their FY2024 earnings per share estimates for shares of Western Copper and Gold in a research note issued on Wednesday, May 22nd. HC Wainwright analyst H. Ihle forecasts that the company will earn ($0.02) per share for the year. HC Wainwright currently has a “Buy” rating and a $4.25 target price on the stock. The consensus estimate for Western Copper and Gold’s current full-year earnings is ($0.02) per share. HC Wainwright also issued estimates for Western Copper and Gold’s FY2025 earnings at ($0.02) EPS.
Western Copper and Gold (TSE:WRN) last released its earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter.
Institutional Investors Weigh In On Western Copper and Gold
A number of hedge funds and other institutional investors have recently modified their holdings of WRN. Raymond James Financial Services Advisors Inc. raised its stake in Western Copper and Gold by 379.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 52,753 shares of the company’s stock valued at $70,000 after purchasing an additional 41,753 shares in the last quarter. Gamco Investors INC. ET AL raised its stake in Western Copper and Gold by 5.8% in the third quarter. Gamco Investors INC. ET AL now owns 642,070 shares of the company’s stock valued at $876,000 after purchasing an additional 35,400 shares in the last quarter. National Bank of Canada FI raised its stake in Western Copper and Gold by 750.0% in the fourth quarter. National Bank of Canada FI now owns 34,000 shares of the company’s stock valued at $45,000 after purchasing an additional 30,000 shares in the last quarter. Rathbones Group PLC acquired a new position in Western Copper and Gold in the third quarter valued at about $38,000. Finally, Sweeney & Michel LLC acquired a new position in Western Copper and Gold in the first quarter valued at about $118,000. Institutional investors and hedge funds own 21.96% of the company’s stock.
ABOUT WESTERN COPPER AND GOLD
Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. The company explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims located in Yukon, Canada.