WRN - Western Copper And Gold: Things To Consider Before Jumping On The Bandwagon
2024-01-23 18:35:56 ET
Summary
- Western Copper and Gold Corporation is a Canadian mining company focused on developing its Casino Project in Yukon, Canada.
- The Casino Project has significant mineral resources, a long mine life of 27 years, and attractive mining economics.
- WRN's stock is undervalued based on the per share NPV of the Casino Project, making it an interesting long-term investment. However, there are risks and challenges related to project financing and the permitting timeline.
Thesis
Western Copper and Gold Corporation ( WRN ) is a Canadian junior mining company focused on exploring and developing its flagship Casino Project through its 100% owned subsidiary, Casino Mining Corporation (or CMC). The Casino Project represents an attractive copper-gold property in Yukon, Canada. WRN's 2022 Technical Report reveals the Casino Project's considerable mineral resources, long mine life, and attractive mining economics. WRN appears undervalued based on the Casino Project's per share NPV (after-tax), making it an interesting long investment. However, certain risk indicators must be factored in while considering this thesis....
Western Copper And Gold: Things To Consider Before Jumping On The Bandwagon