Fireweed Metals (CVE:FWZ) Stock Price Up 0.3% – What’s Next?

Fireweed Metals Corp. (CVE:FWZ) was up 0.3% on Friday . The company traded as high as C$3.11 and last traded at C$2.99. 342,153 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 327,381 shares. The stock had previously closed at C$2.98.

Analyst Ratings Changes

Separately, Raymond James Financial set a C$6.50 price objective on shares of Fireweed Metals and gave the company an “outperform” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$5.25.

Fireweed Metals Stock Up 0.3%

The business’s 50 day simple moving average is C$3.49 and its 200 day simple moving average is C$3.83. The company has a market capitalization of C$678.60 million, a PE ratio of -13.59 and a beta of 1.68.

About Fireweed Metals

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. It also has an option to acquire 100% interest in the Mactung Tungsten project that covers an area of 37.6 square kilometers located in Yukon and Northwest Territories, Canada.