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Ventum Financial Forecasts Strong Price Appreciation for Fireweed Metals (CVE:FWZ) Stock

Fireweed Metals logo with Basic Materials background

Fireweed Metals (CVE:FWZ - Get Free Report) had its price objective upped by investment analysts at Ventum Financial from C$2.50 to C$2.65 in a report issued on Tuesday, BayStreet.CA reports. Ventum Financial's price objective suggests a potential upside of 96.30% from the stock's previous close.

Fireweed Metals Trading Up 0.7 %

Shares of CVE:FWZ traded up C$0.01 during trading on Tuesday, reaching C$1.35. 37,936 shares of the stock were exchanged, compared to its average volume of 145,270. Fireweed Metals has a 12 month low of C$0.92 and a 12 month high of C$1.55. The stock has a 50-day moving average price of C$1.39 and a 200-day moving average price of C$1.26. The firm has a market cap of C$242.20 million, a PE ratio of -5.00 and a beta of 1.06.

Fireweed Metals (CVE:FWZ - Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported C($0.06) EPS for the quarter.

Fireweed Metals Company Profile

(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.

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