Doubleview Gold (CVE:DBG) Stock Price Down 7% - What's Next?

Key Points

• Shares fell about 7% intraday to C$1.19 (low C$1.17) with 250,339 shares traded, roughly 18% below the average session volume of 305,028.
• Technical/valuation snapshot: the stock is trading well above its 50‑day (C$0.79) and 200‑day (C$0.68) moving averages, has a market cap of C$242.68 million and a negative P/E of -78.
• Business focus: Doubleview Gold explores and develops mineral properties in British Columbia, holding 100% of the Hat property and 90% of the Red Spring property targeting copper, gold, silver and zinc.

Doubleview Gold Corp. (CVE:DBG - ) shares traded down 7% during mid-day trading on Thursday . The stock traded as low as C$1.17 and last traded at C$1.19. 250,339 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 305,028 shares. The stock had previously closed at C$1.28.

Doubleview Gold Trading Down 10.9%

The stock's 50 day moving average is C$0.79 and its 200-day moving average is C$0.68. The company has a market cap of C$242.68 million, a P/E ratio of -78.00 and a beta of -0.71.

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.

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