Doubleview Gold (CVE:DBG) Shares Up 27.1% – Still a Buy?

Doubleview Gold Corp. (CVE:DBG)’s stock price was up 27.1% during trading on Monday . The stock traded as high as C$1.10 and last traded at C$1.08. Approximately 2,389,445 shares changed hands during mid-day trading, an increase of 712% from the average daily volume of 294,169 shares. The stock had previously closed at C$0.85.

Doubleview Gold Stock Up 25.9%

The company’s fifty day simple moving average is C$0.75 and its two-hundred day simple moving average is C$0.67. The company has a market capitalization of C$227.78 million, a price-to-earnings ratio of -78.00 and a beta of -0.71.

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.