Doubleview Gold (CVE:DBG) Stock Price Up 9.2% – Still a Buy?

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

Analysts Set New Price Targets

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

Doubleview Gold Stock Performance

The business’s 50-day moving average price is C$0.47 and its 200 day moving average price is C$0.42. The company has a market cap of C$154.91 million, a P/E ratio of -98.36 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.