Doubleview Gold (CVE:DBG) Trading Up 19.4% – Time to Buy?

Doubleview Gold Corp. (CVE:DBG)’s stock price was up 19.4% during trading on Thursday . The company traded as high as C$0.76 and last traded at C$0.74. Approximately 501,916 shares changed hands during mid-day trading, an increase of 131% from the average daily volume of 217,272 shares. The stock had previously closed at C$0.62.

Analyst Ratings Changes

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

Doubleview Gold Stock Up 1.4 %

The stock’s 50-day moving average price is C$0.46 and its 200-day moving average price is C$0.41. The company has a market capitalization of C$152.76 million, a price-to-earnings ratio of -96.99 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.