Doubleview Gold (CVE:DBG) Shares Down 1.5% – Should You Sell?

Doubleview Gold Corp. (CVE:DBG) was down 1.5% during mid-day trading on Friday . The company traded as low as C$0.67 and last traded at C$0.67. Approximately 53,936 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 247,024 shares. The stock had previously closed at C$0.68.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$1.39 price target on Doubleview Gold and gave the company a “buy” rating in a report on Wednesday, March 26th.

Doubleview Gold Stock Performance

The stock’s 50 day simple moving average is C$0.66 and its two-hundred day simple moving average is C$0.61. The firm has a market capitalization of C$144.15 million, a PE ratio of -91.53 and a beta of 1.27.

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.