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

Shares of Fireweed Metals Corp. (CVE:FWZ) were up 0.7% during trading on Tuesday . The stock traded as high as C$1.38 and last traded at C$1.36. Approximately 204,580 shares changed hands during mid-day trading, an increase of 38% from the average daily volume of 148,070 shares. The stock had previously closed at C$1.35.

Analyst Upgrades and Downgrades

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

Fireweed Metals Price Performance

The firm has a market capitalization of C$249.38 million, a P/E ratio of -5.26 and a beta of 1.06. The stock has a fifty day moving average of C$1.39 and a 200 day moving average of C$1.28.

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.