Doubleview Gold (CVE:DBG) Stock Price Up 14.3% – Time to Buy?

Doubleview Gold Corp. (CVE:DBG)’s share price traded up 14.3% during mid-day trading on Wednesday . The company traded as high as C$0.66 and last traded at C$0.64. 305,771 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 208,161 shares. The stock had previously closed at C$0.56.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$0.77 price objective on shares of Doubleview Gold and gave the company a “buy” rating in a research note on Monday, January 6th.

Doubleview Gold Stock Up 7.1 %

The firm has a market capitalization of C$129.09 million, a PE ratio of -81.96 and a beta of 1.27. The company has a 50-day moving average of C$0.44 and a 200 day moving average of C$0.41.

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.