Doubleview Gold (CVE:DBG) Shares Down 2.2% - Should You Sell?

Doubleview Gold Corp. (CVE:DBG - Get Free Report) traded down 2.2% during mid-day trading on Tuesday . The company traded as low as C$0.44 and last traded at C$0.44. 408,391 shares changed hands during mid-day trading, an increase of 70% from the average session volume of 240,322 shares. The stock had previously closed at C$0.45.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$0.77 target price on Doubleview Gold and gave the stock a "buy" rating in a report on Monday, January 6th.

Doubleview Gold Price Performance

The company has a market cap of C$82.51 million, a P/E ratio of -42.50 and a beta of 1.27. The stock's 50-day moving average price is C$0.37 and its 200-day moving average price is C$0.39.

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.