Fireweed Metals (CVE:FWZ) Trading Down 7.4% – Should You Sell?

Fireweed Metals Corp. (CVE:FWZGet Free Report)’s stock price was down 7.4% during mid-day trading on Tuesday . The stock traded as low as C$2.95 and last traded at C$3.02. Approximately 411,885 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 299,883 shares. The stock had previously closed at C$3.26.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised Fireweed Metals to a “moderate buy” rating in a research report on Tuesday, July 22nd.

Check Out Our Latest Report on FWZ

Fireweed Metals Price Performance

The firm has a 50-day moving average price of C$2.83 and a 200 day moving average price of C$2.39. The company has a market cap of C$632.20 million, a price-to-earnings ratio of -15.10 and a beta of 1.29.

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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