H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Western Copper (WRN) today and set a price target of $1.75. The company’s shares closed last Monday at $0.77, close to its 52-week high of $0.83.
According to TipRanks.com, Ihle has 0 stars on 0-5 star ranking scale with an average return of -5.2% and a 37.0% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.
Currently, the analyst consensus on Western Copper is a Moderate Buy with an average price target of $1.75.
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The company has a one-year high of $0.83 and a one-year low of $0.35. Currently, Western Copper has an average volume of 91.12K.
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Western Copper & Gold Corp. is an exploration stage company, which focuses on the development of Casino Project. The company was founded on March 18, 2006 and is headquartered in Vancouver, Canada.