Fireweed Metals (CVE:FWZ) Trading Up 2.4% – Still a Buy?

Shares of Fireweed Metals Corp. (CVE:FWZ) traded up 2.4% during trading on Tuesday . The company traded as high as C$1.74 and last traded at C$1.74. 352,964 shares were traded during mid-day trading, an increase of 80% from the average session volume of 196,142 shares. The stock had previously closed at C$1.70.

Fireweed Metals Trading Up 2.4 %

The company has a market cap of C$312.55 million, a PE ratio of -8.46 and a beta of 1.06. The firm’s 50-day simple moving average is C$1.64 and its two-hundred day simple moving average is C$1.50.

Insider Transactions at Fireweed Metals

In other news, Director Ian Gibbs bought 150,000 shares of Fireweed Metals stock in a transaction that occurred on Thursday, February 27th. The stock was bought at an average price of C$1.50 per share, for a total transaction 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.