Farshad Shirvani Sells 135,400 Shares of Doubleview Gold (CVE:DBG) Stock

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 135,400 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of C$2.03, for a total value of C$274,862.00. Following the completion of the sale, the director directly owned 27,614,207 shares in the company, valued at C$56,056,840.21. This 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 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 transaction of C$273,912.00.
• 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 transaction of C$677,500.00.

Doubleview Gold Stock Performance

Doubleview Gold stock opened at C$2.07 on Wednesday. Doubleview Gold Corp. has a one year low of C$0.47 and a one year high of C$3.50. The company has a 50-day simple moving average of C$2.53 and a 200-day simple moving average of C$2.19. The firm has a market capitalization of C$486.91 million, a P/E ratio of -103.50 and a beta of 1.77.

Wall Street Analyst Weigh In

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