Doubleview Gold (CVE:DBG) Shares Up 9.8% – What’s Next?

Doubleview Gold Corp. (CVE:DBG) shares traded up 9.8% during mid-day trading on Thursday . The stock traded as high as C$0.60 and last traded at C$0.56. 236,730 shares traded hands during trading, an increase of 14% from the average session volume of 208,233 shares. The stock had previously closed at C$0.51.

Wall Street Analysts Forecast Growth

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

Doubleview Gold Trading Up 1.8 %

The firm has a 50 day moving average of C$0.40 and a 200-day moving average of C$0.40. The company has a market cap 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.