Fireweed Metals (CVE:FWZ) Shares Down 2% – What’s Next?

Shares of Fireweed Metals Corp. (CVE:FWZ) were down 2% during trading on Tuesday . The stock traded as low as C$1.41 and last traded at C$1.44. Approximately 446,167 shares were traded during mid-day trading, an increase of 199% from the average daily volume of 149,148 shares. The stock had previously closed at C$1.47.

Analyst Ratings Changes

Separately, Ventum Financial raised their price objective on Fireweed Metals from C$2.50 to C$2.65 in a research report on Tuesday, November 5th.

Fireweed Metals Stock Performance

The firm has a market capitalization of C$258.35 million, a PE ratio of -5.33 and a beta of 1.06. The company has a fifty day moving average price of C$1.40 and a 200-day moving average price of C$1.30.

Fireweed Metals Company Profile

Fireweed Metals Corp. engages in the acquisition and exploration of mineral assets in Canada. It explores for zinc, lead, and silver, as well as gallium and germanium deposits. The company owns an interest in the Macmillan Pass project located in Yukon, Canada; and the Gayna River project situated in Northwest Territories, Canada.