Fireweed Metals (CVE:FWZ) Trading Down 2% – Here’s What Happened

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

Analyst Ratings Changes

Separately, Ventum Financial boosted 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 Trading Down 2.0 %

The stock has a 50 day simple moving average of C$1.40 and a 200-day simple moving average of C$1.30. The firm has a market capitalization of C$258.35 million, a P/E ratio of -5.33 and a beta of 1.06.

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.