Doubleview Gold (CVE:DBG) PT Set at C$0.77 by Fundamental Research

Doubleview Gold (CVE:DBG) received a C$0.77 price objective from stock analysts at Fundamental Research in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price objective points to a potential upside of 123.19% from the company’s previous close.

Doubleview Gold Price Performance

Shares of CVE DBG traded down C$0.01 during mid-day trading on Monday, hitting C$0.35. The company’s stock had a trading volume of 38,157 shares, compared to its average volume of 377,638. Doubleview Gold has a one year low of C$0.29 and a one year high of C$0.58. The stock has a market cap of C$66.98 million, a price-to-earnings ratio of -34.50 and a beta of 1.27. The company’s fifty day simple moving average is C$0.36 and its 200-day simple moving average is C$0.38.

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.