Doubleview Gold Corp.
DBG Surges 144% YTD on Qatar Collaboration and Record Gold-Copper Prices
Published: 3/24/2025
Author: FRC Analysts

Sector: Basic Materials | Industry: Other Industrial Metals & Mining
Ticker Symbols:DBLVF - NASDAQ 🔹DBG.V - NEO 🔹
Rating and Key Data
Metrics | Value |
---|---|
Current Price | CAD $0.81 |
Fair Value | CAD $1.39 |
Risk | 5 |
52 Week Range | CAD $0.29-0.89 |
Shares O/S (M) | 208 |
Market Cap. (M) | CAD $168 |
Current Yield (%) | N/A |
P/E (forward) | N/A |
P/B | 5.7 |
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Report Highlights
- DBG has surged 145% since our last report in December 2024, fueled by company-specific developments, and record copper-gold prices.
- The company is in discussions with a Qatari firm to explore potential collaboration and strategic financing from the State of Qatar, and/or other Arab nations, for its flagship Hat project.
- The Hat project, located in B.C.’s Golden Triangle, hosts an open-pittable polymetallic porphyry deposit, with resources totaling 5 Blbs of CuEq at 0.36%. Based on spot prices, copper accounts for 53% of resources, followed by gold (39%), cobalt (7%), and silver (1%).
- This is a large copper-gold deposit, distinguished by the rare presence of scandium and cobalt, which is uncommon in North American porphyry projects. We believe this provides a significant advantage for the Hat project, as these by-products can add substantial value, especially given their status as critical minerals in the U.S., Canada, and the EU.
- Recent drilling returned high-grade intercepts over long intervals, underscoring the potential for resource expansion with higher-grade material. Key results include 107 m of 1.42% CuEq, 122 m of 1.34%, and 154 m of 1.07%. These exceptionally high-grade intercepts suggest proximity to the core of the porphyry system. As a result, we are now using 100% of both indicated and inferred resources for valuation, up from 100% of indicated and 50% of inferred previously.
- Management aims to complete a resource update/Preliminary Economic Assessment (PEA) in the coming months.
- DBG is trading at $20/oz vs the sector average of $46/oz, a 57% discount.
- With gold and copper trading at record highs, we anticipate an increase in M&A activity over the n