Doubleview Gold (CVE:DBG) Trading Up 15.3% – Should You Buy?

Doubleview Gold Corp. (CVE:DBG)’s stock price rose 15.3% on Thursday . The company traded as high as C$1.29 and last traded at C$1.28. Approximately 1,619,688 shares traded hands during mid-day trading, an increase of 430% from the average daily volume of 305,604 shares. The stock had previously closed at C$1.11.

Doubleview Gold Trading Up 15.3%

The company’s 50 day simple moving average is C$0.79 and its 200-day simple moving average is C$0.68. The firm has a market cap of C$272.48 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.