Fireweed Metals (CVE:FWZ) Shares Up 0.7% – Should You Buy?

Fireweed Metals Corp. (CVE:FWZ)’s share price was up 0.7% on Wednesday . The company traded as high as C$3.08 and last traded at C$3.01. Approximately 232,689 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 300,801 shares. The stock had previously closed at C$2.99.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised Fireweed Metals to a “moderate buy” rating in a report on Tuesday, July 22nd.

Fireweed Metals Trading Up 0.7%

The business’s fifty day simple moving average is C$2.99 and its 200 day simple moving average is C$2.54. The stock has a market cap of C$630.11 million, a price-to-earnings ratio of -15.05 and a beta of 1.44.

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.