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Doubleview Gold ( (TSE:DBG) ) just unveiled an announcement.
Doubleview Gold Corp. has announced a significant breakthrough in its scandium recovery efforts from copper porphyry tailings at its HAT deposit. The successful recovery of high-purity scandium oxide marks a global first and could potentially enhance the project’s economic viability by adding scandium as a high-margin product alongside copper, gold, and cobalt. This development positions Doubleview as a key player in the scandium industry, with future plans to optimize and scale up production.
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 mineral resources. The company is primarily engaged in the extraction of copper, gold, cobalt, and now scandium from its flagship HAT polymetallic deposit in northern British Columbia.
Average Trading Volume: 463,143
Technical Sentiment Signal: Buy
Current Market Cap: C$227.8M
For detailed information about DBG stock, go to TipRanks’ Stock Analysis page.