Doubleview Gold (CVE:DBG) Trading Up 9.2% – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG) shares rose 9.2% during mid-day trading on Wednesday . The company traded as high as C$0.73 and last traded at C$0.71. Approximately 331,670 shares changed hands during trading, an increase of 42% from the average daily volume of 233,024 shares. The stock had previously closed at C$0.65.

Analyst Ratings Changes

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 Up 13.8 %

The stock has a market cap of C$159.21 million, a PE ratio of -101.09 and a beta of 1.27. The stock has a fifty day moving average of C$0.47 and a 200-day moving average of C$0.42.

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.