Doubleview Gold (CVE:DBG) Trading Up 9.8% – Still a Buy?

Shares of Doubleview Gold Corp. (CVE:DBG) were up 9.8% during mid-day trading on Thursday . The company traded as high as C$0.60 and last traded at C$0.56. Approximately 236,730 shares changed hands during trading, an increase of 14% from the average daily volume of 208,233 shares. The stock had previously closed at C$0.51.

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 research note on Monday, January 6th.

Doubleview Gold Stock Performance

The company has a market cap of C$120.48 million, a P/E ratio of -76.50 and a beta of 1.27. The firm’s fifty day moving average is C$0.40 and its two-hundred day moving average is C$0.40.

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.