Doubleview Gold (CVE:DBG) Stock Price Up 8.1% – Time to Buy?

Doubleview Gold Corp. (CVE:DBG)’s stock price rose 8.1% during trading on Thursday . The company traded as high as C$0.68 and last traded at C$0.67. Approximately 156,319 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 212,077 shares. The stock had previously closed at C$0.62.

Wall Street Analyst Weigh In

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 11.3 %

The firm has a market cap of C$148.45 million, a price-to-earnings ratio of -94.26 and a beta of 1.27. The business’s fifty day moving average is C$0.45 and its two-hundred day moving average is C$0.41.

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.