Doubleview Gold (CVE:DBG) Stock Price Up 8.6% - Still a Buy?

Key Points

• Shares rose 8.6% to C$2.03 on the day with ~455,186 shares traded (about 31% below the average), and the stock is trading above its 50‑day (C$1.72) and 200‑day (C$1.18) moving averages.
• The company has a market capitalization of C$443.69 million but a negative P/E (‑197), indicating it is currently unprofitable, and a beta of 1.81 signaling higher volatility.
• Doubleview Gold explores for copper, gold, silver and zinc in British Columbia and holds a 100% interest in the Hat property (~3,561 ha) and a 90% interest in the Red Spring property (~4,224 ha).

Shares of Doubleview Gold Corp. (CVE:DBG - ) were up 8.6% on Thursday . The company traded as high as C$2.03 and last traded at C$2.03. Approximately 455,186 shares were traded during trading, a decline of 31% from the average daily volume of 658,739 shares. The stock had previously closed at C$1.87.

Doubleview Gold Price Performance

The stock has a market capitalization of C$443.69 million, a P/E ratio of -197.00 and a beta of 1.81. The firm has a 50-day simple moving average of C$1.72 and a 200 day simple moving average of C$1.18.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.