Farshad Shirvani Sells 187,700 Shares of Doubleview Gold (CVE:DBG) Stock

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

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

• On Thursday, July 16th, Farshad Shirvani sold 135,600 shares of Doubleview Gold stock. The shares were 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 value of C$274,862.00.
• On Thursday, May 14th, Farshad Shirvani sold 250,000 shares of Doubleview Gold stock. The stock was sold at an average price of C$2.71, for a total value of C$677,500.00.

Doubleview Gold Price Performance

CVE DBG traded down C$0.04 on Monday, reaching C$1.97. The company had a trading volume of 76,622 shares, compared to its average volume of 539,882. Doubleview Gold Corp. has a 1 year low of C$0.47 and a 1 year high of C$3.50. The firm has a 50-day moving average of C$2.55 and a 200-day moving average of C$2.18. The firm has a market capitalization of C$463.39 million, a PE ratio of -98.50 and a beta of 1.77.

Analyst Upgrades and Downgrades

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