Doubleview Gold (CVE:DBG) Stock Price Up 5.7% – Still a Buy?

Doubleview Gold Corp. (CVE:DBG)’s stock price was up 5.7% during trading on Wednesday . The stock traded as high as C$0.56 and last traded at C$0.56. Approximately 167,871 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 210,151 shares. The stock had previously closed at C$0.53.

Analyst Upgrades and Downgrades

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

Doubleview Gold Price Performance

The business has a fifty day moving average price of C$0.44 and a 200 day moving average price of C$0.41. The company has a market capitalization of C$129.09 million, a price-to-earnings ratio of -81.96 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.