Doubleview Gold (CVE:DBG) Hits New 52-Week High – Time to Buy?

Doubleview Gold Corp. (CVE:DBG) reached a new 52-week high during trading on Thursday . The company traded as high as C$0.82 and last traded at C$0.80, with a volume of 566903 shares traded. The stock had previously closed at C$0.73.

Analyst Ratings Changes

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

Doubleview Gold Price Performance

The company has a market cap of C$174.27 million, a price-to-earnings ratio of -110.65 and a beta of 1.27. The stock has a 50-day moving average price of C$0.50 and a 200 day moving average price of C$0.42.

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.