Insider Selling: Doubleview Gold (CVE:DBG) Director Sells C$273,912.00 in Stock

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 135,600 shares of the business’s stock in a transaction that occurred on Thursday, July 16th. The stock was sold at an average price of C$2.02, for a total value of C$273,912.00. Following the transaction, the director directly owned 27,749,607 shares in the company, valued at C$56,054,206.14. The trade was 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 transaction 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 transaction of C$677,500.00.

Doubleview Gold Stock Down 1.0%

Doubleview Gold stock opened at C$2.05 on Thursday. The company’s 50-day moving average price is C$2.52 and its two-hundred day moving average price is C$2.19. The stock has a market cap of C$482.21 million, a P/E ratio of -102.50 and a beta of 1.77. Doubleview Gold Corp. has a twelve month low of C$0.47 and a twelve month high of C$3.50.

Analyst Ratings Changes

Separately, Fundamental Research set a C$5.01 target price on 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, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target 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.