WRN Stock Summary and Trading Ideas (Western Copper & Gold | AMEX:WRN)

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).

Western Copper & Gold trades on the AMEX stock market under the symbol WRN.

As of April 17, 2024, WRN stock price declined to $1.40 with 102,552 million shares trading.

WRN has a beta of 0.71, meaning it tends to be less sensitive to market movements. WRN has a correlation of 0.04 to the broad based SPY ETF.

WRN has a market cap of $235.97 million. This is considered a Small Cap stock.

In the last 3 years, WRN stock traded as high as $2.83 and as low as $.95.

WRN has underperformed the market in the last year with a price return of -27.8% while the SPY ETF gained +23.0%. However, in the short term, WRN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +14.8% vs +5.7% return in SPY. But in the last 2 weeks, WRN shares have been beat by the market, returning -10.5% compared to an SPY return of -3.5%.

WRN support price is $1.36 and resistance is $1.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WRN stock will trade within this expected range on the day.