Doubleview Gold (CVE:DBG) Shares Down 6.1% – Time to Sell?

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

Analyst Upgrades and Downgrades

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

Doubleview Gold Price Performance

The stock has a 50-day moving average of C$0.49 and a 200 day moving average of C$0.42. The stock has a market capitalization of C$174.27 million, a price-to-earnings 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.