Fundamental Research Reiterates C$1.39 Price Target for Doubleview Gold (CVE:DBG)

Doubleview Gold (CVE:DBG) received a C$1.39 target price from stock analysts at Fundamental Research in a research note issued on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price objective indicates a potential upside of 73.75% from the company’s current price.

Doubleview Gold Stock Performance

Shares of DBG opened at C$0.80 on Wednesday. Doubleview Gold has a 52-week low of C$0.29 and a 52-week high of C$0.89. The firm has a market cap of C$172.12 million, a price-to-earnings ratio of -109.29 and a beta of 1.27. The business’s fifty day moving average is C$0.58 and its 200-day moving average is C$0.45.

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.