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

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

Doubleview Gold Stock Performance

The stock has a 50-day simple moving average of C$0.76 and a 200 day simple moving average of C$0.67. The stock has a market capitalization of C$227.78 million, a P/E ratio of -78.00 and a beta of -0.71.

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.