Doubleview Gold (CVE:DBG) Stock Price Up 12.3% – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG) traded up 12.3% during mid-day trading on Wednesday . The stock traded as high as C$0.73 and last traded at C$0.73. 527,730 shares were traded during mid-day trading, an increase of 122% from the average session volume of 238,074 shares. The stock had previously closed at C$0.65.

Analyst Upgrades and Downgrades

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

Doubleview Gold Stock Up 12.3 %

The firm has a market cap of C$157.06 million, a PE ratio of -99.72 and a beta of 1.27. The stock has a 50 day moving average price of C$0.47 and a two-hundred day moving average price of C$0.42.

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.