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Doubleview Gold ( (TSE:DBG) ) has shared an announcement.
Doubleview Gold Corp. has highlighted the scandium potential at its Hat Project, which is one of the world’s largest undeveloped scandium deposits. The company is finalizing a Preliminary Economic Assessment and updated Mineral Resource Estimate, anticipating high scandium recovery rates. As scandium is crucial for enhancing energy efficiency and supporting clean technologies, Doubleview’s Hat Project is poised to contribute significantly to the global shift towards electrification. The company’s investment in advanced metallurgy aims to optimize the extraction and recovery of scandium and other metals, enhancing project economics and ensuring environmentally responsible 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. is a Canadian exploration company focused on the development of critical and strategic metals deposits. The company is engaged in finalizing economic assessments and resource estimates for its Hat Project, which is located in the Golden Triangle of northwestern British Columbia. Doubleview’s primary focus is on polymetallic deposits, including copper, gold, cobalt, silver, and scandium, positioning itself as a significant player in the electrification economy.
Average Trading Volume: 407,686
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$159.7M
See more data about DBG stock on TipRanks’ Stock Analysis page.