Fireweed Metals Corp. (CVE:FWZ - Get Free Report)'s share price shot up 2.4% during trading on Tuesday . The stock traded as high as C$1.74 and last traded at C$1.74. 352,964 shares traded hands 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 Stock Performance
The company has a market cap of C$326.92 million, a price-to-earnings ratio of -8.85 and a beta of 1.06. The company's 50 day moving average price is C$1.65 and its 200-day moving average price is C$1.51.
Insider Activity at Fireweed Metals
In related news, Director Ian Gibbs purchased 150,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average cost of C$1.50 per share, for a total transaction of C$225,000.00. 33.68% of the stock is currently owned by corporate insiders.
About Fireweed Metals
(
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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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