The price of WRN is predicted to go up 10.16%, based on the high correlation periods with MSCI. The similarity of these two price pattern on the periods is 91.97%.

WRN

MSCI

Up: 10.16%Similarity: 91.97%

WRN Revenue Forecast

WRN EPS Forecast

WRN FAQs

What is bull’s view on WRN?

WRN stock is currently trading at a low valuation compared to peers, with a price target of $4.25, representing a significant upside of over 300%. The bullish view is driven by its Casino copper-gold project in Yukon, which boasts a 27-year mine life and strong backing from Rio Tinto and Mitsubishi Materials. Additionally, WRN's $75 million cash reserve and strategic partnerships position it well for long-term growth.

What is bear's view on WRN?

WRN stock is currently trading at a low valuation of $1.10, but bears may argue that its reliance on securing additional financing and partnerships for the Casino project poses significant risks. Despite its promising 27-year mine life and strategic backing from Rio Tinto and Mitsubishi Materials, delays in development or unfavorable market conditions for copper and gold could hinder progress. The stock's underperformance in the Amplify Junior Silver Miners ETF (-5.3% on January 13) further reflects bearish sentiment.