Doubleview Gold (CVE:DBG) Shares Up 11.8% - Still a Buy?

Shares of Doubleview Gold Corp. (CVE:DBG - Get Free Report) shot up 11.8% during trading on Thursday . The stock traded as high as C$0.58 and last traded at C$0.57. 194,105 shares changed hands during trading, a decline of 6% from the average session volume of 206,030 shares. The stock had previously closed at C$0.51.

Wall Street Analyst Weigh In

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 Stock Performance

The company has a market capitalization of C$122.64 million, a price-to-earnings ratio of -77.87 and a beta of 1.27. The company has a 50-day moving average price of C$0.40 and a 200-day moving average price of C$0.40.

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.