Fireweed Metals (CVE:FWZ) Sets New 1-Year Low – Here’s What Happened

Posted by Stephan Jacobs on Oct 30th, 2026

Fireweed Metals Corp. (CVE:FWZ – Get Free Report) hit a new 52-week low on Friday. The company traded as low as C$2.30 and last traded at C$2.30, with a volume of 151,370 shares traded. The stock had previously closed at C$2.43.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded Fireweed Metals to a “hold” rating in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Fireweed Metals has a consensus rating of “Buy” and a consensus target price of C$5.25.

View Our Latest Analysis on FWZ

Fireweed Metals Stock Down 5.8%

The firm has a market cap of C$520.02 million, a PE ratio of -10.90 and a beta of 1.99. The stock has a 50 day moving average price of C$3.06 and a two-hundred day moving average price of C$3.60.

Insider Activity

In other news, insider Larry Childress bought 331,000 shares of Fireweed Metals stock in a transaction that occurred on Thursday, October 8th. The stock was bought at an average price of C$2.84 per share, for a total transaction of C$940,040.00. Following the purchase, the insider directly owned 24,388,526 shares of the company’s stock, valued at approximately C$69,263,413.84. The trade was a 1.38% increase in their position. Over the last 90 days, insiders acquired 618,000 shares of company stock valued at $1,906,450. 33.68% of the stock is owned by corporate insiders.

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.