Fundamental Research Gives Doubleview Gold a C$1.39 Price Target

Doubleview Gold (CVE:DBG) has received a price target of C$1.39 from analysts at Fundamental Research in a report released on Wednesday. This target reflects a potential increase of approximately 71.60% from the stock's previous closing price, and the firm has assigned a "buy" rating on the stock.

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Stock Performance Overview

On Wednesday, shares of Doubleview Gold traded flat at C$0.81 during midday trading. The trading volume was 32,957 shares, which is significantly lower than its average volume of 262,789 shares. The company's market capitalization stands at C$174.27 million, with a price-to-earnings (PE) ratio of -110.65 and a beta of 1.27. Over the past 12 months, the stock has experienced a low of C$0.29 and a high of C$0.89. The 50-day simple moving average for the stock is C$0.56, while the 200-day simple moving average is C$0.45.

About Doubleview Gold

Doubleview Gold Corp. is involved in acquiring, exploring, and developing mineral resource properties in British Columbia. The company focuses on exploring deposits of copper, gold, silver, and zinc. It fully owns the Hat property, which comprises nine mineral claims that cover approximately 3,561.43 hectares in northwestern British Columbia. Additionally, it holds a 90% interest in the Red Spring property, consisting of six mineral claims that occupy about 4,224.34 hectares in the Omineca district of British Columbia.

Prospective Investments

Before considering an investment in Doubleview Gold, potential investors may want to be aware of other better-performing stocks recommended by top-rated analysts. While Doubleview Gold currently holds a buy recommendation, analysts have identified five alternative stocks that they believe may be more promising investments at this time.

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