Doubleview Gold (CVE:DBG) Trading 9.2% Higher – Here’s Why

Doubleview Gold Corp. (CVE:DBG) shares were up 9.2% on Wednesday . The company traded as high as C$0.72 and last traded at C$0.71. Approximately 229,670 shares changed hands during mid-day trading, a decline of 0% from the average daily volume of 230,468 shares. The stock had previously closed at C$0.65.

Analyst Ratings Changes

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

Doubleview Gold Stock Up 10.8 %

The business has a fifty day moving average price of C$0.47 and a 200-day moving average price of C$0.42. The company has a market cap of C$154.91 million, a P/E ratio of -98.36 and a beta of 1.27.

Doubleview Gold Company Profile

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.