Doubleview Gold (CVE:DBG) Trading Up 11.8% - Should You Buy?

Doubleview Gold Corp. (CVE:DBG - Get Free Report) shares 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 were traded during trading, a decline of 6% from the average session volume of 206,030 shares. The stock had previously closed at C$0.51.

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 Price Performance

The stock's 50 day simple moving average is C$0.40 and its 200-day simple moving average is C$0.40. The company has a market capitalization of C$122.64 million, a PE ratio of -77.87 and a beta of 1.27.

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.