Doubleview Gold (DBG) AI Stock Analysis

• Market Cap: C$274.82M
• Dividend Yield: N/A
• Average Volume (3M): 675.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: N/A
• EPS Growth: 47.32%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 225,123,470
• 10 Day Avg. Volume: 781,866
• 30 Day Avg. Volume: 675,441
• PEG Ratio: -5.81
• Price to Book (P/B): 4.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -20.19
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: C$1.00 ▼(-37.50% Downside)

The score is primarily constrained by the pre-revenue model, ongoing net losses, and cash burn, despite improvement versus prior large outflows. A debt-free balance sheet with a sizable and growing equity cushion supports resilience, while technicals are mixed (longer-term support but near-term weakness) and valuation metrics provide limited support due to losses and no dividend.

Positive Factors

Debt-free balance sheet

A debt-free balance sheet with a materially larger equity cushion provides durable financial flexibility for an exploration company. It reduces default and interest burdens, enables sustained drilling programs, and improves bargaining power for joint ventures or project sales without urgent refinancing pressure.

Growing asset base

Rising total assets indicate capital deployment into exploration and project development, a lasting positive for value creation. A larger asset base supports future farm‑outs, JV structuring, or project monetization, increasing strategic options and reducing single‑project concentration risks.

Clear exploration value‑creation model

A focused, industry‑standard model—de‑risk exploration then monetize through joint ventures, sell‑downs or acquisition—is structurally well suited to small mineral explorers. This pathway aligns incentives with capital partners and provides multiple durable exit routes to realize discovery value.

Negative Factors

Pre‑revenue profile

No operating revenue is a fundamental constraint: the company must continually fund exploration via financing rather than internal cash flows. Over months this increases dilution risk, restricts reinvestment choices, and means value depends entirely on exploration success and transaction outcomes.

Negative operating and free cash flow

Persistent negative operating and free cash flow are durable headwinds for financial sustainability. Continued cash burn forces reliance on external capital, can dilute shareholders, and limits the firm's ability to sustain multi‑year drilling campaigns without consistent financing or partner commitments.

Widening losses and negative returns

Widening net losses and negative return on equity indicate limited near‑term profitability prospects. Structurally, this reduces reinvestment capacity and investor returns absent a material exploration success or transaction, heightening the importance of capital discipline and partner funding.

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

Financials reflect an early-stage, pre-revenue profile ($0 revenue) with recurring losses and ongoing cash burn. The key offset is a strong balance sheet with no debt and a growing equity base, which supports near-term financial flexibility despite negative returns and negative free cash flow.

Income Statement

Results reflect an early-stage, pre-revenue profile with $0 revenue across the annual periods provided and TTM (Trailing-Twelve-Months). Losses have widened in the most recent TTM period (net loss of about -$2.1M vs. -$1.84M in FY2025), indicating rising spend without offsetting commercial income yet. A positive is that the scale of losses remains relatively modest in absolute dollars, but the lack of revenue makes profitability and margin quality structurally weak.

Balance Sheet

The balance sheet is a clear strength: the company reports no debt and has a sizeable equity base that has grown over time (stockholders’ equity rising from ~9.4M in FY2021 to ~36.2M in TTM). Total assets also increased meaningfully (to ~37.9M in TTM), supporting financial flexibility. The key weakness is that returns remain negative (TTM return on equity around -4.7%), reflecting ongoing losses despite the stronger capital position.

Cash Flow

Cash generation is weak, with negative operating cash flow and negative free cash flow across periods, consistent with an exploration/early-stage operating model. TTM (Trailing-Twelve-Months) free cash flow is about -$1.37M, improving versus the very large outflow in FY2025 (about -$4.51M), but it is still a cash burn profile. Free cash flow also declined versus the prior comparable measure provided (negative growth in TTM), which suggests spending pressures remain.

Breakdown	TTM	Dec 2024	Dec 2024	Dec 2023	Dec 2021	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	-171.00	0.00	-1.19K	-1.19K	-926.00
EBITDA	-2.54M	-2.26M	-1.84M	-1.84M	-989.81K	-2.39M
Net Income	-2.05M	-1.63M	-1.84M	-1.35M	-1.05M	-2.39M
Balance Sheet
Total Assets	37.92M	20.17M	27.46M	18.79M	10.02M	13.14M
Cash, Cash Equivalents and Short-Term Investments	7.98M	1.21M	4.47M	3.38M	2.93M	3.18M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.67M	454.20K	1.47M	1.09M	617.96K	567.82K
Stockholders Equity	36.25M	19.72M	25.99M	17.70M	9.40M	12.57M
Cash Flow
Free Cash Flow	-1.37M	-4.67M	-4.51M	-5.63M	-2.38M	-3.41M
Operating Cash Flow	-1.09M	-1.22M	-655.77K	-1.19M	-1.09M	-607.33K
Investing Cash Flow	-5.94M	-3.45M	-3.86M	-4.45M	-1.32M	-2.80M
Financing Cash Flow	10.99M	2.50M	7.77M	5.83M	4.88M	3.66M

Doubleview Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DBG, the sentiment is Positive. The current price of 1.6 is above the 20-day moving average (MA) of 1.35, above the 50-day MA of 1.19, and above the 200-day MA of 0.80, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 47.75 is Neutral, neither overbought nor oversold. The STOCH value of 19.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DBG.

Doubleview Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
DBG	50 Neutral	C$274.82M	-124.49	-5.12%	―	―	47.32%
NIM	50 Neutral	C$245.25M	-62.23	―	―	―	48.63%
AGX	50 Neutral	C$331.69M	-110.00	-6.09%	―	8.28%	87.46%
KLD	50 Neutral	C$230.02M	-28.09	-16.22%	―	2.30%	-191.83%
TSK	49 Neutral	C$337.76M	-11.88	-319.01%	―	―	30.83%

Doubleview Gold Corporate Events

Doubleview Confirms Strong Metal Recoveries to Drive Hat Project Resource and Economic Studies

Doubleview Gold has finalized metallurgical recovery data for gold, copper, cobalt, silver and scandium at its Hat polymetallic deposit, confirming robust recoveries that will underpin an updated mineral resource estimate and preliminary economic assessment. The two-year test program, led by qualified metallurgical engineer Andrew Carter, achieved overall recoveries of 85% for copper, 89% for gold, 78% for cobalt, 75% for scandium and 68% for silver, including a global first in producing high-grade scandium oxide from copper porphyry flotation tailings, and the company is now moving to advanced testwork in support of prefeasibility and feasibility studies while integrating these results and extensive 2025 drilling into forthcoming economic and resource updates and planning an aggressive 2026 field season.

The most recent analyst rating on (TSE:DBG) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Doubleview Gold stock, see the TSE:DBG Stock Forecast page.

Doubleview Gold Raises $829,000 Through Private Placement to Advance BC Exploration

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.

Doubleview Gold Raises $725,000 in First Tranche of Private Placement for Hat Project Exploration

Doubleview Gold Corp. has closed the first tranche of a non-brokered private placement, raising approximately $725,100 through the issuance of 557,769 non-flow-through units priced at $1.30 each, with attached warrants exercisable at $2.00 for 24 months. The proceeds will primarily support the company’s ongoing exploration program at its polymetallic Hat Project in northwestern British Columbia and provide general working capital, while the placement, which is still subject to final TSX Venture Exchange approval, underscores Doubleview’s continued effort to advance its critical minerals assets and strengthen its financial position for further project development.

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.

Doubleview Gold Launches C$2 Million Flow-Through Financing for BC Exploration

Doubleview Gold Corp. has launched a non-brokered private placement of flow-through units to raise up to C$2 million, issuing up to 1,538,462 flow-through units at C$1.30 each, with each unit comprising one flow-through common share and a warrant exercisable at C$2.00 for 24 months. The proceeds are earmarked primarily for exploration work at the company’s polymetallic Hat Project in northwestern British Columbia and other BC properties, funding drilling, geological advisory and analytical services and other qualifying Canadian exploration expenditures, a move that underscores Doubleview’s commitment to advancing its critical minerals portfolio while potentially strengthening its financial position and project pipeline in a competitive exploration market.

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.

Doubleview Gold Extends Mineralization at Hat Project

Doubleview Gold Corp has announced significant assay results from its 2025 drill program at the Hat Polymetallic Deposit, extending mineralization eastward beyond the 2024 conceptual pit and identifying deeper porphyry indicators. Drill holes H100 and H101 have confirmed continuous copper-gold-cobalt-scandium mineralization, with H101 notably revealing a higher gold-to-copper ratio, suggesting variations in metal distribution that could impact the geological interpretation of the Hat system. The results indicate potential for further resource expansion and may enhance the company’s positioning within the mining sector.

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.

Doubleview Gold Completes Record Drilling Season at Hat Project

Doubleview Gold Corp. has successfully completed its 2025 drilling season at the Hat Polymetallic Project in British Columbia, marking the largest drilling campaign in the project’s history with 13,290 meters drilled. The campaign achieved a 100% success rate, with every drill hole intersecting mineralization, and revealed a new mineralized horizon, enhancing the company’s geological understanding and resource models. The results indicate significant expansion potential as the deposit remains open both laterally and at depth, supporting the company’s ongoing efforts toward an updated Resource Estimate and Preliminary Economic Assessment. The breakthrough in scandium recovery further strengthens the project’s critical-metals profile, positioning Doubleview for future growth and development.

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.

Doubleview Gold Expands High-Grade Mineralization at Hat Deposit

Doubleview Gold Corp. has announced significant assay results from its 2025 drilling program at the Hat Polymetallic Deposit, revealing substantial extensions of high-grade mineralization. The results from drill holes H097, H098, and H099 have expanded the mineralized footprint both laterally and vertically, enhancing the company’s geological model and potentially extending the conceptual open-pit shell. These findings are expected to contribute to an updated Mineral Resource Estimate and Preliminary Economic Assessment, strengthening Doubleview’s position in the mining sector and offering promising implications for future development and stakeholder value.

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.

Doubleview Gold Achieves Breakthrough in Scandium Recovery

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.

Doubleview Gold Corp. Highlights Scandium Potential at Hat Project

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.

Doubleview Gold Corp Completes $7.18M Private Placement to Boost BC Exploration

Doubleview Gold Corp has successfully closed the final tranche of its non-brokered private placement, raising a total of $7,181,400. The proceeds will be used to advance exploration on its British Columbia projects, particularly the Hat Project, and for general working capital. This development underscores Doubleview’s strategic focus on expanding its portfolio in the critical minerals sector, with significant insider participation highlighting confidence in the company’s direction.

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.