Doubleview Gold (CVE:DBG) Shares Up 25.9% – Here’s Why

Doubleview Gold Corp. (CVE:DBG)’s stock price shot up 25.9% during trading on Tuesday . The stock traded as high as C$1.10 and last traded at C$1.07. 2,523,706 shares traded hands during mid-day trading, an increase of 756% from the average session volume of 294,896 shares. The stock had previously closed at C$0.85.

Doubleview Gold Price Performance

The stock has a fifty day moving average price of C$0.76 and a two-hundred day moving average price of C$0.67. The company has a market cap of C$227.78 million, a P/E 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.