Doubleview Gold (CVE:DBG) Given a C$5.01 Price Target by Fundamental Research Analysts

Doubleview Gold (CVE:DBG) has been given a C$5.01 price objective by analysts at Fundamental Research in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price objective suggests a potential upside of 83.52% from the stock’s previous close.

Doubleview Gold Stock Down 2.8%

Shares of DBG traded down C$0.08 during trading hours on Wednesday, reaching C$2.73. 180,740 shares of the company traded hands, compared to its average volume of 636,296. The stock has a market capitalization of C$614.86 million, a P/E ratio of -273.00 and a beta of 1.76. Doubleview Gold has a 12-month low of C$0.47 and a 12-month high of C$3.50. The business has a fifty day moving average price of C$2.39 and a 200-day moving average price of C$1.52.

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.