Fireweed Metals (CVE:FWZ) Stock Price Down 0.8%

Fireweed Metals Corp. (CVE:FWZ) shares traded down 0.8% on Wednesday . The stock traded as low as 1.18 and last traded at 1.19. 19,958 shares changed hands during trading, a decline of 84% from the average session volume of 127,717 shares. The stock had previously closed at 1.20.

Fireweed Metals Price Performance

The firm’s 50-day simple moving average is 1.17 and its two-hundred day simple moving average is 1.12. The company has a market capitalization of $173.09 million, a price-to-earnings ratio of -4.96 and a beta of 1.05.

Fireweed Metals (CVE:FWZ) last issued its earnings results on Tuesday, May 21st. The company reported -0.03 earnings per share for the quarter.

Insider Activity

In other news, Director Peter Timothy Hemstead sold 39,400 shares of the stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of 1.16, for a total value of 45,546.40. In related news, Director Adrian Rothwell sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of 1.18, for a total transaction of 47,200.00. Also, Director Peter Timothy Hemstead sold 39,400 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of 1.16, for a total transaction of 45,546.40. Company insiders own 43.03% of the company’s stock.

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.