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Fireweed Metals (CVE:FWZ) Stock Price Up 4% - Here's Why

Fireweed Metals logo with Basic Materials background

Shares of Fireweed Metals Corp. (CVE:FWZ - Get Free Report) were up 4% during mid-day trading on Wednesday . The company traded as high as C$2.08 and last traded at C$2.08. Approximately 511,553 shares were traded during mid-day trading, an increase of 120% from the average daily volume of 232,370 shares. The stock had previously closed at C$2.00.

Fireweed Metals Trading Up 4.6%

The stock has a market capitalization of C$407.75 million, a PE ratio of -11.03 and a beta of 1.06. The stock has a 50 day moving average price of C$1.82 and a 200-day moving average price of C$1.62.

About Fireweed Metals

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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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