Farshad Shirvani Sells 135,600 Shares of Doubleview Gold (CVE:DBG) Stock

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 135,600 shares of the business’s stock in a transaction on Thursday, July 16th. The shares were sold at an average price of C$2.02, for a total transaction of C$273,912.00. Following the sale, the director directly owned 27,749,607 shares in the company, valued at approximately C$56,054,206.14. This trade represents a 0.49% decrease in their ownership of the stock.

Farshad Shirvani also recently made the following trade(s):

• On Wednesday, July 15th, Farshad Shirvani sold 187,700 shares of Doubleview Gold stock. The shares were sold at an average price of C$2.06, for a total value of C$386,662.00.
• On Friday, July 17th, Farshad Shirvani sold 135,400 shares of Doubleview Gold stock. The stock was sold at an average price of C$2.03, for a total value of C$274,862.00.
• On Thursday, May 14th, Farshad Shirvani sold 250,000 shares of Doubleview Gold stock. The shares were sold at an average price of C$2.71, for a total value of C$677,500.00.

Doubleview Gold Trading Up 5.1%

Shares of DBG stock opened at C$2.07 on Wednesday. The company has a market capitalization of C$486.91 million, a price-to-earnings ratio of -103.50 and a beta of 1.77. Doubleview Gold Corp. has a 1-year low of C$0.47 and a 1-year high of C$3.50. The stock’s fifty day simple moving average is C$2.53 and its 200-day simple moving average is C$2.19.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$5.01 price target on shares of Doubleview Gold and gave the stock a “buy” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Doubleview Gold currently has a consensus rating of “Buy” and an average target price of C$5.01.

About Doubleview Gold

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 nine mineral claims covering an area of approximately 3,561.43 hectares located in northwestern British Columbia; and 90% interests in the Red Spring property that comprise 6 mineral claims, which covers an area of approximately 4,224.34 hectares situated in Omineca district, British Columbia.