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Fireweed Metals initiated with an Outperform at Raymond James

Raymond James initiated coverage of Fireweed Metals (FWEDF) with an Outperform rating and C$6.50 price target Fireweed controls a critical minerals portfolio in Yukon, anchored by the large-scale Macpass zinc-lead-silver project and the Mactung tungsten project, the analyst tells investors. With substantial resource scale at Macpass and advancing feasibility work at Mactung, the firm believes Fireweed is “well positioned to benefit from growing demand for secure Western critical mineral supply,” the analyst added.

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