Fireweed Metals (CVE:FWZ) Trading 0.7% Higher – Here’s What Happened

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

Wall Street Analyst Weigh In

Separately, Ventum Financial lifted their target price on Fireweed Metals from C$2.50 to C$2.65 in a research note on Tuesday, November 5th.

Fireweed Metals Stock Performance

The company has a market capitalization of C$244.00 million, a P/E ratio of -5.04 and a beta of 1.06. The business’s fifty day simple moving average is C$1.39 and its 200-day simple moving average is 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.