Fireweed Metals (CVE:FWZ) Trading Up 0.4% – Should You Buy?

Fireweed Metals Corp. (CVE:FWZ) was up 0.4% during trading on Tuesday . The stock traded as high as C$4.73 and last traded at C$4.72. Approximately 140,500 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 392,659 shares. The stock had previously closed at C$4.70.

Fireweed Metals Stock Up 2.8%

The firm has a 50 day moving average price of C$4.08 and a 200 day moving average price of C$3.39. The stock has a market cap of C$1.10 billion, a P/E ratio of -23.10 and a beta of 1.45.

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. 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.