Doubleview Gold (CVE:DBG) Shares Up 25.9% – Here’s Why

Doubleview Gold Corp. (CVE:DBG)’s stock price shot up 25.9% during mid-day trading on Monday . The stock traded as high as C$1.10 and last traded at C$1.07. 2,266,942 shares traded hands during mid-day trading, an increase of 672% from the average session volume of 293,659 shares. The stock had previously closed at C$0.85.

Doubleview Gold Trading Up 25.9%

The stock’s 50 day moving average price is C$0.75 and its two-hundred day moving average price is C$0.67. The firm has a market capitalization of C$227.78 million, a price-to-earnings ratio of -78.00 and a beta of -0.71.

About Doubleview Gold

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.