Doubleview Gold (CVE:DBG) Trading Down 6.1% – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG)’s stock price was down 6.1% during trading on Friday . The company traded as low as C$0.74 and last traded at C$0.77. Approximately 960,993 shares changed hands during mid-day trading, an increase of 274% from the average daily volume of 257,228 shares. The stock had previously closed at C$0.82.

Wall Street Analysts Forecast Growth

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

Doubleview Gold Stock Performance

The stock has a market cap of C$174.27 million, a P/E ratio of -110.65 and a beta of 1.27. The company has a 50-day simple moving average of C$0.49 and a 200-day simple moving average 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.