Doubleview Gold (CVE:DBG) Trading Up 6.3% - What's Next?

Doubleview Gold Corp. (CVE:DBG - Get Free Report) shares shot up 6.3% during mid-day trading on Wednesday . The company traded as high as C$0.54 and last traded at C$0.51. 151,197 shares traded hands during trading, a decline of 27% from the average session volume of 207,751 shares. The stock had previously closed at C$0.48.

Analyst Upgrades and Downgrades

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 Stock Performance

The stock has a fifty day moving average of C$0.40 and a 200-day moving average of C$0.40. The company has a market cap of C$124.79 million, a PE ratio of -79.23 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.