WRN

Western Copper and Gold
WRN

$1.12
3.45%

Market Cap: $220M

 

About: Western Copper & Gold Corp is a Canada-based exploration-stage company. The company is engaged in the exploration and development of the Casino mineral property located in Yukon, Canada (the Casino Project).

Employees: 13

0
Funds holding %
of 6,686 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

21% more funds holding

Funds holding: 34 [Q1] → 41 (+7) [Q2]

11.66% less ownership

Funds ownership: 23.69% [Q1] → 12.03% (-11.66%) [Q2]

21% less capital invested

Capital invested by funds: $34.1M [Q1] → $27M (-$7.14M) [Q2]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$4.25
279%
upside
Avg. target
$4.25
279%
upside
High target
$4.25
279%
upside

1 analyst rating

1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co.
Heiko Ihle
43% 1-year accuracy
69 / 161 met price target
279%upside
$4.25
Buy
Reiterated
26 Jun 2024
See Analyst Rankings

Financial journalist opinion

Neutral
Newsfile Corp
2 months ago
VIDEO - Invest Yukon: Critical Mineral Development in The Yukon
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - Invest Yukon - Hon Ranj Pillai, Yukon's Premier highlights the key critical minerals conversation and the promising economic future for Yukon. Western Copper and Gold (TSX: WRN) (NYSE American: WRN) emphasizes that as the demand for critical minerals intensifies, they are well positioned to meet the needs of the territory, Canada and global demand, as a leading developer in Canada.
VIDEO - Invest Yukon: Critical Mineral Development in The Yukon
Neutral
PRNewsWire
4 months ago
WESTERN COPPER AND GOLD ANNOUNCES EXERCISE OF PARTICIPATION RIGHT IN FULL BY RIO TINTO
VANCOUVER, BC , April 29, 2024 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces that, in connection with the Company's offering of common shares for gross proceeds of approximately $40 million announced on April 16, 2024 (the "Offering"), Rio Tinto Canada Inc. ("Rio Tinto") has notified the Company that it will exercise its participation right in full, allowing Rio Tinto to maintain its interest of approximately 9.7%. Rio Tinto will subscribe for 2,269,470 common shares of the Company at a price of $1.90 per share for proceeds of $4,311,993 (the "Rio Tinto Subscription").
WESTERN COPPER AND GOLD ANNOUNCES EXERCISE OF PARTICIPATION RIGHT IN FULL BY RIO TINTO
Neutral
GlobeNewsWire
4 months ago
Western Copper and Gold Announces Upsize in Bought Deal Public Offering to $40 Million
VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) is pleased to announce that it has entered into an amended agreement with Eight Capital, on behalf of a syndicate of underwriters (the “Underwriters”) under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 21,055,000 common shares of the Company (the “Common Shares”) at a price of $1.90 per Common Share for gross proceeds of $40,004,500 (the “Offering”). The Company has granted the Underwriters an over-allotment option to purchase up to an additional 3,158,250 Common Shares, representing 15% of the Offering, to cover over-allotments, if any, and for market stabilization purposes, exercisable at any time up to 30 days after the closing of the Offering.
Western Copper and Gold Announces Upsize in Bought Deal Public Offering to $40 Million
Neutral
GlobeNewsWire
4 months ago
Western Copper and Gold Announces $25 Million Bought Deal Public Offering
VANCOUVER, British Columbia, April 15, 2024 (GLOBE NEWSWIRE) -- Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces that it has entered into an agreement with Eight Capital, on behalf of a syndicate of underwriters (the “Underwriters”) under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 13,158,000 common shares of the Company (the “Common Shares”) at a price of $1.90 per Common Share for gross proceeds of $25,000,200 (the “Offering”). The Company has granted the Underwriters an over-allotment option to purchase up to an additional 1,973,700 Common Shares, representing 15% of the Offering, to cover over-allotments, if any, and for market stabilization purposes, exercisable at any time up to 30 days after the closing of the Offering.
Western Copper and Gold Announces $25 Million Bought Deal Public Offering
Neutral
PRNewsWire
6 months ago
WESTERN COPPER AND GOLD APPOINTS SANDEEP SINGH AS CEO
VANCOUVER, BC , Feb. 22, 2024 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce the appointment of Mr. Sandeep Singh as Chief Executive Officer of the Company, effective immediately.
WESTERN COPPER AND GOLD APPOINTS SANDEEP SINGH AS CEO
Neutral
PRNewsWire
9 months ago
WESTERN COPPER AND GOLD ANNOUNCES FURTHER INVESTMENT AND ENTRY INTO A NEW INVESTOR RIGHTS AGREEMENT WITH RIO TINTO
VANCOUVER, BC , Nov. 28, 2023 /PRNewswire/ - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces a further C$6 million investment and the entry into an amended and restated investor rights agreement by Rio Tinto Canada Inc. ("Rio Tinto"), to continue to advance the Company's Casino Project in the Yukon. Rio Tinto has agreed to subscribe for and purchase 3,468,208 common shares at a price of C$1.73 per share for aggregate gross proceeds of approximately C$6 million, resulting in Rio Tinto's ownership increasing to approximately 9.7% of Western's outstanding common shares.
WESTERN COPPER AND GOLD ANNOUNCES FURTHER INVESTMENT AND ENTRY INTO A NEW INVESTOR RIGHTS AGREEMENT WITH RIO TINTO
See News Rankings