Doubleview Gold (CVE:DBG) Hits New 12-Month High – Still a Buy?

Doubleview Gold Corp. (CVE:DBG) shares hit a new 52-week high during trading on Friday . The company traded as high as C$0.60 and last traded at C$0.59, with a volume of 195432 shares. The stock had previously closed at C$0.57.

Wall Street Analysts Forecast Growth

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

Doubleview Gold Stock Up 1.8 %

The stock has a market cap of C$124.79 million, a PE ratio of -79.23 and a beta of 1.27. The business has a 50 day moving average price of C$0.40 and a 200 day moving average price 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.