Fireweed Metals (CVE:FWZ) Trading Up 0.7% – Here’s Why

Shares of Fireweed Metals Corp. (CVE:FWZGet Free Report) rose 0.7% on Thursday . The company traded as high as C$1.50 and last traded at C$1.49. Approximately 118,456 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 143,875 shares. The stock had previously closed at C$1.48.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on FWZ

Fireweed Metals Price Performance

The firm’s 50-day moving average price is C$1.44 and its 200 day moving average price is C$1.37. The firm has a market capitalization of C$260.14 million, a price-to-earnings ratio of -5.37 and a beta of 1.06.

About Fireweed Metals

(Get Free Report)

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.

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