Fireweed Metals (CVE:FWZ) Shares Up 1.6% - Here's What Happened

Fireweed Metals Corp. (CVE:FWZ - Get Free Report)'s stock price traded up 1.6% on Tuesday . The stock traded as high as C$1.88 and last traded at C$1.85. 428,419 shares traded hands during trading, an increase of 97% from the average session volume of 217,123 shares. The stock had previously closed at C$1.82.

Fireweed Metals Stock Performance

The stock has a market capitalization of C$332.31 million, a PE ratio of -8.99 and a beta of 1.06. The firm has a 50 day moving average of C$1.69 and a 200-day moving average of C$1.54.

Insiders Place Their Bets

In other Fireweed Metals news, Director Ian Gibbs purchased 150,000 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were acquired at an average price of C$1.50 per share, for a total transaction of C$225,000.00. Insiders own 33.68% of the company's stock.

Fireweed Metals Company Profile

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.

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