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

Doubleview Gold Corp. (CVE:DBG)’s stock price rose 9.2% during mid-day trading on Wednesday . The stock traded as high as C$0.72 and last traded at C$0.71. Approximately 229,670 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 230,468 shares. The stock had previously closed at C$0.65.

Analyst Upgrades and Downgrades

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 Trading Up 10.8 %

The stock has a market capitalization of C$154.91 million, a PE ratio of -98.36 and a beta of 1.27. The business’s 50 day moving average is C$0.47 and its 200 day moving average is 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.