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Doubleview Gold ( (TSE:DBG) ) has shared an announcement.
Doubleview Gold Corp. has closed the second tranche of its non-brokered private placement, raising $104,000 through the issuance of 80,000 flow-through units priced at $1.30 each, with attached warrants exercisable at $2.00 until May 2026. Together with the first tranche closed earlier in December, the company has now secured gross proceeds of approximately $829,100, which will fund its ongoing exploration programs in British Columbia—particularly at the polymetallic Hat Project—as well as general working capital, reinforcing its efforts to advance key critical minerals projects while it seeks final TSX Venture Exchange approval and works to complete the remaining portion of the financing.
The most recent analyst rating on (TSE:DBG) stock is a Hold with a C$0.94 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.
The score is held back primarily by the lack of revenue, ongoing losses, and continued cash burn. This is partly offset by a strong, low-risk balance sheet (no debt) and a supportive stream of positive project/financing corporate updates, while technical indicators point to weaker near-term momentum.
To see Spark’s full report on TSE:DBG stock, click here.
More about Doubleview Gold
Doubleview Gold Corp. is a Vancouver-based mineral resource exploration and development company listed on the TSX Venture Exchange, OTCQB and Frankfurt Stock Exchange. The company targets precious and base metal projects across North America, with a focus on British Columbia, and aims to build shareholder value by advancing high-quality gold, copper, cobalt, scandium and silver assets using modern exploration techniques in the critical minerals sector.
Average Trading Volume: 628,729
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$208.6M
For detailed information about DBG stock, go to TipRanks’ Stock Analysis page.