Doubleview Gold (CVE:DBG) Trading Up 6.3% – Should You Buy?

Shares of Doubleview Gold Corp. (CVE:DBG) were up 6.3% on Wednesday . The stock traded as high as C$0.54 and last traded at C$0.51. Approximately 151,197 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 207,751 shares. The stock had previously closed at C$0.48.

Analyst Ratings Changes

Separately, Fundamental Research set a C$0.77 price objective on Doubleview Gold and gave the company a “buy” rating in a research report on Monday, January 6th.

Doubleview Gold Stock Performance

The company has a market capitalization of C$109.73 million, a PE ratio of -69.67 and a beta of 1.27. The business’s 50-day moving average is C$0.40 and its 200-day moving average is C$0.40.

About Doubleview Gold

Doubleview Gold Corp. engages in the acquisition, exploration, and development of mineral resource properties in British Columbia. The company explores for copper, gold, silver, and zinc deposits. It holds a 100% interest in the Hat property with nine mineral claims covering an area of approximately 3,561.43 hectares located in northwestern British Columbia; and 90% interests in the Red Spring property that comprise 6 mineral claims, which covers an area of approximately 4,224.34 hectares situated in Omineca district, British Columbia.