Fireweed Metals (CVE:FWZ) Stock Price Down 2.1% – Time to Sell?

by · The Cerbat Gem

Shares of Fireweed Metals Corp. (CVE:FWZ – Get Free Report) fell 2.1% during mid-day trading on Tuesday . The stock traded as low as C$2.75 and last traded at C$2.75. 131,584 shares were traded during trading, a decline of 54% from the average session volume of 288,260 shares. The stock had previously closed at C$2.81.

Analyst Ratings Changes

FWZ has been the subject of a number of research analyst reports. BMO Capital Markets set a C$4.00 price target on Fireweed Metals and gave the company an “outperform” rating in a research report on Monday, December 1st. Ventum Cap Mkts upgraded Fireweed Metals to a “strong-buy” rating in a research report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat, Fireweed Metals presently has an average rating of “Strong Buy” and an average price target of C$4.00.

View Our Latest Stock Analysis on FWZ

Fireweed Metals Stock Down 0.7%

The firm has a market cap of C$575.69 million, a price-to-earnings ratio of -11.87 and a beta of 1.00. The firm has a fifty day moving average price of C$2.90 and a 200-day moving average price of C$2.71.

About Fireweed Metals

(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. It also has an option to acquire 100% interest in the Mactung Tungsten project that covers an area of 37.6 square kilometers located in Yukon and Northwest Territories, Canada.

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