Doubleview Gold (CVE:DBG) Shares Up 9.8% – What’s Next?

Doubleview Gold Corp. (CVE:DBG)’s stock price shot up 9.8% during mid-day trading on Thursday . The stock traded as high as C$0.60 and last traded at C$0.56. 236,730 shares were traded during mid-day trading, an increase of 14% from the average session volume of 208,233 shares. The stock had previously closed at C$0.51.

Analyst Upgrades and Downgrades

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

Doubleview Gold Price Performance

The firm has a market capitalization of C$124.79 million, a PE ratio of -79.23 and a beta of 1.27. The firm has a 50-day simple moving average of C$0.40 and a 200-day simple moving average of C$0.40.

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.