Doubleview Gold (CVE:DBG) Shares Up 9.2% – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG) traded up 9.2% on Wednesday . The company traded as high as C$0.73 and last traded at C$0.71. 331,670 shares changed hands during mid-day trading, an increase of 42% from the average session volume of 233,024 shares. The stock had previously closed at C$0.65.

Analyst Upgrades and Downgrades

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

Doubleview Gold Price Performance

The firm’s fifty day simple moving average is C$0.47 and its 200 day simple moving average is C$0.42. The company has a market capitalization of C$159.21 million, a PE ratio of -101.09 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.