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

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

Analyst Ratings Changes

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 Performance

The firm has a 50-day moving average of C$0.50 and a 200-day moving average of C$0.42. The firm has a market capitalization of C$174.27 million, a P/E ratio of -110.65 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.