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Fireweed Metals (CVE:FWZ) Trading Down 3.2% - Here's Why

Fireweed Metals logo with Basic Materials background

Fireweed Metals Corp. (CVE:FWZ - Get Free Report) shares traded down 3.2% on Wednesday . The stock traded as low as C$1.47 and last traded at C$1.50. Approximately 199,610 shares traded hands during trading, a decline of 8% from the average daily volume of 217,403 shares. The stock had previously closed at C$1.55.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on Fireweed Metals

Fireweed Metals Price Performance

The stock has a market capitalization of C$265.53 million, a price-to-earnings ratio of -5.48 and a beta of 1.06. The company has a 50-day simple moving average of C$1.39 and a two-hundred day simple moving average of C$1.33.

About Fireweed Metals

(Get Free Report)

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.

Further Reading

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