Doubleview Gold (CVE:DBG) Stock Price Up 11.8% – What’s Next?

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

Analyst Ratings Changes

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

Doubleview Gold Stock Performance

The stock has a market capitalization of C$120.48 million, a P/E ratio of -76.50 and a beta of 1.27. The firm’s fifty day simple moving average is C$0.40 and its 200 day simple moving average is C$0.40.

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.