Doubleview Gold (CVE:DBG) Trading Down 11% – Time to Sell?

Shares of Doubleview Gold Corp. (CVE:DBG) were down 11% on Friday . The company traded as low as C$0.73 and last traded at C$0.73. Approximately 1,081,443 shares were traded during trading, an increase of 302% from the average daily volume of 268,994 shares. The stock had previously closed at C$0.82.

Analyst Ratings Changes

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

Doubleview Gold Stock Down 1.2 %

The company has a market cap of C$174.27 million, a PE ratio of -110.65 and a beta of 1.27. The firm has a fifty day simple moving average of C$0.49 and a 200-day simple moving average of C$0.42.

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.