Fireweed Metals (CVE:FWZ) Shares Down 0.6% – Here’s What Happened

Fireweed Metals Corp. (CVE:FWZ) traded down 0.6% on Monday . The stock traded as low as C$1.61 and last traded at C$1.64. 120,792 shares were traded during trading, a decline of 34% from the average session volume of 183,723 shares. The stock had previously closed at C$1.65.

Fireweed Metals Trading Down 0.6 %

The business has a 50-day moving average of C$1.60 and a two-hundred day moving average of C$1.47. The firm has a market cap of C$294.59 million, a P/E ratio of -7.97 and a beta of 1.06.

Insider Activity

In other Fireweed Metals news, Director Ian Gibbs purchased 150,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was purchased at an average price of C$1.50 per share, with a total value of C$225,000.00. Insiders own 33.68% of the company’s stock.

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.