Doubleview Gold (CVE:DBG) Stock Price Up 11.8% – Time to Buy?

Doubleview Gold Corp. (CVE:DBG)’s share price rose 11.8% during trading on Thursday . The stock traded as high as C$0.58 and last traded at C$0.57. Approximately 196,105 shares changed hands during trading, a decline of 5% from the average daily volume of 207,361 shares. The stock had previously closed at C$0.51.

Analyst Upgrades and Downgrades

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

Doubleview Gold Stock Up 1.8 %

The firm has a fifty day moving average price of C$0.40 and a two-hundred day moving average price of C$0.40. The stock has a market capitalization of C$124.79 million, a P/E ratio of -79.23 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.