Fireweed Metals (CVE:FWZ) Shares Down 2% - What's Next?

Fireweed Metals Corp. (CVE:FWZ - Get Free Report) dropped 2% during mid-day trading on Tuesday . The company traded as low as C$1.41 and last traded at C$1.44. Approximately 446,167 shares traded hands during trading, an increase of 199% from the average daily volume of 149,148 shares. The stock had previously closed at C$1.47.

Analyst Ratings Changes

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

Fireweed Metals Stock Down 2.0 %

The firm's fifty day simple moving average is C$1.40 and its 200-day simple moving average is C$1.30. The firm has a market capitalization of C$258.35 million, a PE ratio of -5.33 and a beta of 1.06.

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.