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

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 135,600 shares of the company’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 transaction, the director owned 27,749,607 shares of the company’s stock, valued at approximately 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 stock was sold at an average price of C$2.06, for a total transaction of C$386,662.00.
• 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 Trading Down 2.0%

DBG stock traded down C$0.04 during trading on Monday, reaching C$1.97. 76,622 shares of the stock were exchanged, compared to its average volume of 539,882. Doubleview Gold Corp. has a twelve month low of C$0.47 and a twelve month high of C$3.50. The company has a market capitalization of C$463.39 million, a P/E ratio of -98.50 and a beta of 1.77. The stock has a 50 day simple moving average of C$2.55 and a 200-day simple moving average of C$2.18.

Wall Street Analyst Weigh In

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 note on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price 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.