Doubleview Gold (CVE:DBG) Shares Up 22.4% – Still a Buy?

Doubleview Gold Corp. (CVE:DBG)’s share price shot up 22.4% on Monday . The company traded as high as C$1.05 and last traded at C$1.04. 1,601,430 shares changed hands during trading, an increase of 455% from the average session volume of 288,293 shares. The stock had previously closed at C$0.85.

Doubleview Gold Price Performance

The company has a market cap of C$272.48 million, a PE ratio of -78.00 and a beta of -0.71. The business has a fifty day simple moving average of C$0.78 and a two-hundred day simple moving average of C$0.67.

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.