Doubleview Gold (CVE:DBG) Stock Price Down 6.1% – Should You Sell?

Doubleview Gold Corp. (CVE:DBG)’s stock price traded down 6.1% on Friday . The stock traded as low as C$0.74 and last traded at C$0.77. 960,993 shares changed hands during mid-day trading, an increase of 274% from the average session volume of 257,228 shares. The stock had previously closed at C$0.82.

Wall Street Analysts Forecast Growth

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

Doubleview Gold Trading Down 1.2 %

The company has a market capitalization of C$174.27 million, a PE ratio of -110.65 and a beta of 1.27. The stock has a fifty day moving average of C$0.50 and a two-hundred day moving average 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.