Doubleview Gold (CVE:DBG) Trading Up 7.8% - Should You Buy?

Doubleview Gold Corp. (CVE:DBG - Get Free Report) rose 7.8% on Thursday . The company traded as high as C$0.55 and last traded at C$0.55. Approximately 43,100 shares were traded during trading, a decline of 79% from the average daily volume of 202,133 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 stock a "buy" rating in a research note on Monday, January 6th.

Doubleview Gold Price Performance

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