Insider Selling: Doubleview Gold (CVE:DBG) Director Sells C$386,662.00 in Stock

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 187,700 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was sold at an average price of C$2.06, for a total value of C$386,662.00. Following the transaction, the director directly owned 27,885,207 shares in the company, valued at C$57,443,526.42. This trade represents a 0.67% decrease in their ownership of the stock.

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

• On Thursday, July 16th, Farshad Shirvani sold 135,600 shares of Doubleview Gold stock. The stock was sold at an average price of C$2.02, for a total value of C$273,912.00.
• On Friday, July 17th, Farshad Shirvani sold 135,400 shares of Doubleview Gold stock. The shares were sold at an average price of C$2.03, for a total transaction 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 transaction of C$677,500.00.

Doubleview Gold Price Performance

Doubleview Gold stock opened at C$2.05 on Thursday. Doubleview Gold Corp. has a 12-month low of C$0.47 and a 12-month high of C$3.50. The company has a market capitalization of C$482.21 million, a price-to-earnings ratio of -102.50 and a beta of 1.77. The firm’s fifty day moving average price is C$2.52 and its 200 day moving average price is C$2.19.

Analysts Set New Price Targets

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

Doubleview Gold Company Profile

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.