Doubleview Gold (CVE:DBG) Trading 5.7% Higher – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG) traded up 5.7% on Wednesday . The stock traded as high as C$0.56 and last traded at C$0.56. 167,871 shares were traded during trading, a decline of 20% from the average session volume of 210,151 shares. The stock had previously closed at C$0.53.

Wall Street Analyst Weigh In

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 Trading Up 12.9 %

The company has a 50-day simple moving average of C$0.45 and a 200 day simple moving average of C$0.41. The company has a market cap of C$150.61 million, a P/E ratio of -95.63 and a beta of 1.27.

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.