Doubleview Gold (DBG) AI Stock Analysis

• Market Cap: C$147.76M
• Dividend Yield: N/A
• Average Volume (3M): 235.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.21
• Revenue Growth: N/A
• EPS Growth: 9.52%
• Country: CA
• Employees: N/A
• Sector: Real Estate
• Sector Strength: 76
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 208,108,440
• 10 Day Avg. Volume: 168,942
• 30 Day Avg. Volume: 235,613
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.39
• Price Target Upside: 95.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

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.

Doubleview Gold Business Overview & Revenue Model

Company Description

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 ten mineral tenures covering an area of 6,308 hectares located in northwestern British Columbia; and 90% interests in the Red Spring property situated to the north of Smithers, British Columbia. The company was formerly known as Doubleview Capital Corp. and changed its name to Doubleview Gold Corp. in May 2020. Doubleview Gold Corp. was incorporated in 2008 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Doubleview Gold makes money through the exploration and development of mineral properties, with the potential to generate revenue from the discovery and extraction of precious and base metals. The company's revenue model centers around increasing the value of its mining assets through successful exploration, leading to potential sales, joint ventures, or partnerships with larger mining companies. Key revenue streams include the sale of mineral resources, royalties, and licensing agreements. Significant partnerships with other mining entities or financial stakeholders may also contribute to its earnings by providing capital and resources needed for exploration and development activities.

Doubleview Gold Financial Statement Overview

Summary

Doubleview Gold is in an early exploration stage, typical for mining companies without production. The absence of revenue and continuous losses are key concerns, yet the company's reliance on equity financing and lack of debt provide financial stability. Cash flow is a critical area for improvement to support future operations.

Income Statement

Doubleview Gold has consistently reported zero revenue over the years, reflecting its development or exploration stage in the mining industry. The lack of revenue results in negative profit margins across all metrics, including EBIT and EBITDA, indicating ongoing operational losses. The net income has remained negative, showing persistent unprofitability.

Balance Sheet

The company has a strong equity base with no debt, providing a solid equity ratio and a favorable debt-to-equity ratio of zero. However, the return on equity is negative due to continuous losses. The increasing stockholders' equity suggests effective financing or asset growth despite the absence of revenues.

Cash Flow

Operating cash flow has been consistently negative, reflecting cash outflows from operations. Free cash flow remains negative, but there are occasional improvements in financing cash flow, indicating reliance on external funding. The absence of revenue significantly affects cash flow sustainability.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-171.00	-1.19K	-926.00	-1.19K	1.62K
	EBIT
-2.26M	-1.87M	-2.43M	-1.15M	550.90K
	EBITDA
-2.26M	-1.84M	-2.39M	-989.47K	-521.01K
	Net Income Common Stockholders
-1.62M	-1.35M	-2.39M	-1.05M	-398.17K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.21M	3.38M	3.18M	2.93M	509.15K
	Total Assets
20.17M	18.79M	13.14M	10.02M	6.05M
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.21M	-3.38M	-3.18M	-2.93M	-459.15K
	Total Liabilities
454.20K	1.09M	567.82K	617.96K	558.78K
	Stockholders Equity
19.72M	17.70M	12.57M	9.40M	5.49M
Cash Flow		Free Cash Flow
-4.67M	-5.63M	-3.41M	-2.38M	-415.62K
	Operating Cash Flow
-1.22M	-1.19M	-607.33K	-1.09M	-415.62K
	Investing Cash Flow
-3.45M	-4.45M	-2.80M	-1.32M	134.44K
	Financing Cash Flow
2.50M	5.83M	3.66M	4.88M	685.40K

Doubleview Gold Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.71
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DBG, the sentiment is Neutral. The current price of 0.71 is below the 20-day moving average (MA) of 0.74, below the 50-day MA of 0.73, and above the 200-day MA of 0.48, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.89 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:DBG.

Doubleview Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$2.79B	11.37	0.20%	8519.74%	6.07%	-14.95%
DBG	58 Neutral	C$147.76M	―	-6.47%	―	―	9.52%
ERD	47 Neutral	C$315.83M	―	-13.62%	―	―	-1666.67%
ADZ	34 Underperform	C$1.77M	―	-46.16%	―	―	-86.96%
CDB	32 Underperform	C$61.47M	―	-110.18%	―	―	29.90%

Doubleview Gold Corporate Events

Doubleview Gold Corp. Grants Incentive Stock Options to Key Personnel

Doubleview Gold Corp. has announced the granting of incentive stock options to its officers, directors, and consultants, allowing them to acquire a total of 1,900,000 common shares at an exercise price of $0.80. These options are part of the company’s 10% rolling incentive stock option plan and are exercisable over a five-year term, expiring on March 31, 2030. This move is likely to enhance the company’s operational flexibility and align the interests of its stakeholders with its long-term strategic goals.

Doubleview Gold Partners with Qatari Leadership for Strategic Mining Collaboration

Doubleview Gold Corp. has announced a collaboration with Her Excellency Sheikha Sara Nasser Al-Thani, CEO of Qmission W.L.L., to explore investment opportunities in its HAT Polymetallic Porphyry Deposit in British Columbia. This partnership aims to leverage the Qatar Investment Authority’s interest in diverse sectors beyond oil and gas, highlighting the deposit’s potential to provide critical minerals like copper, cobalt, and scandium, which are essential for future sustainability.

Doubleview Gold Corp. Reports High-Grade Copper and Gold Intercepts at Hat Deposit

Doubleview Gold Corp. announced significant assay results from its 2024 drilling program at the Hat Polymetallic Deposit, highlighting high-grade copper and gold intercepts in drill holes H078 and H079. These results represent the highest-grade mineralization encountered at the Hat Project to date, indicating a robust mineralization profile and potential for extending the mineralization envelope, which could enhance the company’s industry positioning and stakeholder value.

Doubleview Gold Corp. Grants Stock Options to Consultants

Doubleview Gold Corp. has announced the grant of incentive stock options to certain consultants, allowing them to acquire a total of 500,000 common shares at an exercise price of $0.51. These options, part of the company’s 10% rolling incentive stock option plan, are exercisable for five years and become fully vested immediately, potentially impacting the company’s operations by aligning consultant interests with shareholder value enhancement.

Doubleview Gold Corp. Expands Hat Project Mineralization with New Drilling Results

Doubleview Gold Corp. has announced significant results from its 2024 drill campaign at the Hat Polymetallic Project, revealing extensive mineralization in drill holes H075 to H077. These results suggest an increase in the resource’s size and grade, enhancing the continuity and potential reclassification of the deposit, which could positively impact the company’s resource estimates and strengthen its position in the mining industry.