Doubleview Gold (CVE:DBG) Trading 11.2% Higher – Still a Buy?

Shares of Doubleview Gold Corp. (CVE:DBG) rose 11.2% during mid-day trading on Thursday . The stock traded as high as C$1.39 and last traded at C$1.39. Approximately 212,509 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 407,832 shares. The stock had previously closed at C$1.25.

Doubleview Gold Stock Up 13.6%

The firm has a market cap of C$319.82 million, a PE ratio of -142.00 and a beta of -0.82. The company has a 50-day simple moving average of C$1.17 and a two-hundred day simple moving average of C$0.90.

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.