Shares of Western Copper and Gold Corp (NYSEAMERICAN:WRN) (TSE:WRN) were up 2.6% during trading on Wednesday . The stock traded as high as $0.78 and last traded at $0.78, approximately 2,400 shares changed hands during trading. A decline of 97% from the average daily volume of 88,525 shares. The stock had previously closed at $0.76.
The company’s 50-day simple moving average is $0.69 and its two-hundred day simple moving average is $0.62.
A hedge fund recently bought a new stake in Western Copper and Gold stock. Sprott Inc. acquired a new stake in shares of Western Copper and Gold Corp (NYSEAMERICAN:WRN) (TSE:WRN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 312,500 shares of the company’s stock, valued at approximately $253,000. Sprott Inc. owned approximately 0.31% of Western Copper and Gold as of its most recent filing with the Securities and Exchange Commission.
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, silver, copper, and molybdenum deposits. It focuses on advancing Casino mineral property located in Yukon, Canada. The company was formerly known as Western Copper Corporation and changed its name to Western Copper and Gold Corporation in October 2011.
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