Doubleview Gold (CVE:DBG) Shares Down 8.8% – What’s Next?

Doubleview Gold Corp. (CVE:DBG) shares fell 8.8% during mid-day trading on Tuesday . The company traded as low as C$1.25 and last traded at C$1.46. 389,418 shares changed hands during trading, a decline of 22% from the average session volume of 500,746 shares. The stock had previously closed at C$1.60.

Doubleview Gold Price Performance

The business has a 50-day moving average of C$1.04 and a two-hundred day moving average of C$0.79. The company has a market cap of C$307.55 million, a P/E ratio of -78.00 and a beta of -0.94.

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.