Western Copper and Gold Price, Forecast, Insider, Ratings, Fundamentals & Signals

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").

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.

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.

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.

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's stock quote could rise from spiking copper prices soon, increasing company value potentially on the magnitude of 5x or 10x over a 5-year period. Without a recession, global copper supply is projected to face shortages during 2024-25, with few new mines being developed to offset depleting production. A price breakout above US$4 per pound into August could be the first warning sign of a serious copper market imbalance, possibly kicking off a multi-year run higher.

(Kitco News) - The last three years have been pivotal for Western Copper and Gold, noted president and CEO Paul West-Sells.

(Kitco News) - Western Copper and Gold (TSX: WRN; NYSE: WRN) today announced a strategic equity investment by Mitsubishi Materials to further advance the company's copper-gold Casino project in the Yukon.

This article introduces five miners and mine developers with significant potential to deliver meaningful gains for their shareholders in 2023. Although all of the stocks are exposed to various risks, the risks are outweighed by the potential gains.

Some analysts are calling for copper over $6 and $4,000 gold. Mining shares tend to outperform the metals on the upside.

The Casino Project in Canada's Yukon, owned by Western Copper and Gold, offers incredible upside to investors if precious metals pricing jumps into 2024. A number of major miners have taken stakes in the land district surrounding Casino, including Rio Tinto investing directly into WRN.

The new feasibility study confirmed the world-class status of the Casino project. The mine should be able to produce 211,000 toz gold, 163 million lb copper, 1.277 million toz silver, and 15.1 million lb molybdenum per year on average.

(Kitco News) - The company said that at base case metal prices, the project generates C$2.3 billion after-tax NPV (8%), with after-tax IRR of 18.1% and cashflow over the first four years of C$951 million per year.

(Kitco News) - To the west of Casino, Newmont is developing the Coffee project, which received permits earlier this year. To the north and to the west, White Gold has a large number of claims and is actively exploring. Approximately 100 km to the east, Minto Metals operates the Minto Mine, which produces copper concentrate.

Western Copper and Gold keeps on delivering good news from its Casino project. The feasibility study should be completed this quarter.