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The latest update is out from Doubleview Gold ( (TSE:DBG) ).
Doubleview Gold Corp. has announced significant expansion in the mineralized zone at its Hat Polymetallic Deposit in Northwestern British Columbia, following recent drilling results. The increased footprint and potential volume of the deposit, along with forthcoming assay data and ongoing drilling, are expected to enhance the project’s economic assessment and potentially add significant value, particularly with the inclusion of scandium, a critical metal with various applications.
The most recent analyst rating on (TSE:DBG) stock is a Buy with a C$1.39 price target. To see the full list of analyst forecasts on Doubleview Gold stock, see the TSE:DBG Stock Forecast page.
Spark’s Take on TSE:DBG Stock
According to Spark, TipRanks’ AI Analyst, TSE:DBG is a Neutral.
Doubleview Gold’s position is typical for early-stage mining firms, facing financial challenges but bolstered by strong corporate developments and technical momentum. The absence of revenue and negative earnings weigh heavily, yet strategic partnerships and high-grade mineral findings offer future promise.
To see Spark’s full report on TSE:DBG stock, click here.
More about Doubleview Gold
Doubleview Gold Corp. operates in the mining industry, focusing on the exploration and development of strategic and critical metals. The company is primarily involved in the extraction of polymetallic deposits, with a significant emphasis on copper and gold, particularly in its Hat Project located in Northwestern British Columbia.
Average Trading Volume: 183,576
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$138.1M
Find detailed analytics on DBG stock on TipRanks’ Stock Analysis page.