WRN

Company Overview — What Does Western Copper & Gold Corp Do?

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, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property that comprise 1,136 full and partial quartz claims, and 55 placer claims 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. Western Copper and Gold Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada. Western Copper & Gold Corp (WRN) is classified as a small-cap stock in the Materials sector, specifically within the Non-Metallic And Industrial Metal Mining industry. The company is led by CEO Paul West-Sells and employs approximately 8 people, headquartered in VANCOUVER, British Columbia. With a market capitalization of $591M, WRN is one of the notable companies in the Materials sector.

Western Copper & Gold Corp (WRN) Stock Rating — Reduce (April 2026)

As of April 2026, Western Copper & Gold Corp receives a Reduce rating with a composite score of 45.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.WRN ranks #2,367 out of 4,446 stocks in our coverage universe. Within the Materials sector, Western Copper & Gold Corp ranks #165 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

WRN Stock Price and 52-Week Range

Western Copper & Gold Corp (WRN) currently trades at $2.75. The stock gained $0.02 (0.7%) in the most recent trading session. The 52-week high for WRN is $4.26, which means the stock is currently trading -35.4% from its annual peak. The 52-week low is $0.90, putting the stock 205.5% above its annual trough. Recent trading volume was 2.0M shares, reflecting moderate market activity.

Is WRN Overvalued or Undervalued? — Valuation Analysis

Western Copper & Gold Corp (WRN) carries a value factor score of 41/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 98.92x, compared to the Materials sector average of 26.50x — a premium of 273%. The price-to-book ratio stands at 4.34x, versus the sector average of 2.83x.

Overall, WRN's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Western Copper & Gold Corp Profitability — ROE, Margins, and Quality Score

Western Copper & Gold Corp (WRN) earns a quality factor score of 28/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -14.6%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -14.4% versus the sector average of 0.6%.

Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

WRN Debt, Balance Sheet, and Financial Health

Western Copper & Gold Corp has a debt-to-equity ratio of 0.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $18,910. Cash and equivalents stand at $10M.

WRN has a beta of 0.82, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Western Copper & Gold Corp is 44/100, reflecting average volatility within the normal range for its sector.

Western Copper & Gold Corp Revenue and Earnings History — Quarterly Trend

In TTM 2026, Western Copper & Gold Corp reported revenue of $-3M and earnings per share (EPS) of $0.03. Net income for the quarter was $-5M. Operating income came in at $-7M.

In FY 2024, Western Copper & Gold Corp reported revenue of $-3M and earnings per share (EPS) of $0.03. Net income for the quarter was $-5M. Revenue grew -74.6% year-over-year compared to FY 2023. Operating income came in at $-7M.

In FY 2023, Western Copper & Gold Corp reported revenue of $-2M and earnings per share (EPS) of $0.02. Net income for the quarter was $-3M. Revenue grew 19.4% year-over-year compared to FY 2022. Operating income came in at $-4M.

In FY 2022, Western Copper & Gold Corp reported revenue of $-2M and earnings per share (EPS) of $0.03. Net income for the quarter was $-4M. Revenue grew -7.4% year-over-year compared to FY 2021. Operating income came in at $-4M.

Over the past 8 quarters, Western Copper & Gold Corp has experienced revenue contraction from $-981,620 to $-3M. Investors analyzing WRN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

WRN Dividend Yield and Income Analysis

Western Copper & Gold Corp (WRN) does not currently pay a dividend. This is common among smaller companies in the Non-Metallic And Industrial Metal Mining industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

WRN Momentum and Technical Analysis Profile

Western Copper & Gold Corp (WRN) has a momentum factor score of 65/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 46/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.

WRN vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, Western Copper & Gold Corp (WRN) ranks #165 out of 284 stocks based on the Blank Capital composite score. This places WRN in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing WRN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full WRN vs S&P 500 (SPY) comparison to assess how Western Copper & Gold Corp stacks up against the broader market across all factor dimensions.

WRN Next Earnings Date

No upcoming earnings date has been announced for Western Copper & Gold Corp (WRN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy WRN? — Investment Thesis Summary

The quantitative profile for Western Copper & Gold Corp suggests caution. The quality score of 28/100 flags below-average profitability. Price momentum is positive at 65/100, suggesting the trend favors buyers.

In summary, Western Copper & Gold Corp (WRN) earns a Reduce rating with a composite score of 45.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on WRN stock.

Related Resources for WRN Investors

Explore more research and tools: WRN vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare WRN head-to-head with peers: WRN vs CF, WRN vs NTR, WRN vs UAN.