Western Copper Reports Asset Growth Amid Losses
Company Announcements

Western Copper Reports Asset Growth Amid Losses

Western Copper (TSE:WRN) has released an update.

Western Copper and Gold Corporation reported an increase in its assets to $193.6 million as of September 2024, up from $143.9 million in December 2023, largely driven by a significant rise in short-term investments. Despite this growth, the company continues to face challenges with a comprehensive loss of $5.3 million for the first nine months of 2024, compared to $2.8 million in the same period last year. Shareholders’ equity also saw an increase, reflecting the company’s efforts to strengthen its financial position.

For further insights into TSE:WRN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyWestern Copper initiated with an Outperform at National Bank
TipRanks Canadian Auto-Generated NewsdeskWestern Copper Announces New Chairman to Lead Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App