Doubleview Gold (CVE:DBG) Trading Up 15.3% – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG)’s share price shot up 15.3% on Thursday . The stock traded as high as C$1.29 and last traded at C$1.28. 1,619,688 shares traded hands during mid-day trading, an increase of 430% from the average session volume of 305,604 shares. The stock had previously closed at C$1.11.

Doubleview Gold Price Performance

The stock has a 50 day simple moving average of C$0.79 and a 200-day simple moving average of C$0.68. The firm has a market cap of C$272.48 million, a PE 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.