Doubleview Gold (CVE:DBG) Stock Price Down 11% - What's Next?

Doubleview Gold Corp. (CVE:DBG - Get Free Report)'s stock price dropped 11% on Friday . The company traded as low as C$0.73 and last traded at C$0.73. Approximately 1,081,443 shares changed hands during mid-day trading, an increase of 302% from the average daily volume of 268,994 shares. The stock had previously closed at C$0.82.

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 Price Performance

The company has a market capitalization of C$172.12 million, a price-to-earnings ratio of -109.29 and a beta of 1.27. The stock has a 50 day moving average price of C$0.51 and a two-hundred day moving average price of C$0.43.

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.