Ventum Financial Increases Fireweed Metals (CVE:FWZ) Price Target to C$2.65

Fireweed Metals (CVE:FWZ) had its price objective raised by equities research analysts at Ventum Financial from C$2.50 to C$2.65 in a note issued to investors on Tuesday, BayStreet.CA reports. Ventum Financial’s price objective suggests a potential upside of 94.85% from the stock’s current price.

Fireweed Metals Stock Performance

Fireweed Metals stock opened at C$1.36 on Tuesday. The stock has a market cap of C$244.00 million, a P/E ratio of -5.04 and a beta of 1.06. Fireweed Metals has a fifty-two week low of C$0.92 and a fifty-two week high of C$1.55. The firm’s fifty day moving average price is C$1.39 and its 200-day moving average price is C$1.26.

Fireweed Metals (CVE:FWZ) last released its quarterly earnings results on Tuesday, August 13th. The company reported C($0.06) earnings per share for the quarter.

About Fireweed Metals

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.