Doubleview Gold (CVE:DBG) Trading 1.1% Higher – Time to Buy?

Doubleview Gold Corp. (CVE:DBG) shares were up 1.1% during trading on Monday . The company traded as high as C$1.88 and last traded at C$1.84. Approximately 759,309 shares traded hands during trading, an increase of 39% from the average daily volume of 547,218 shares. The stock had previously closed at C$1.82.

Doubleview Gold Trading Up 1.1%

The stock has a market capitalization of C$433.18 million, a P/E ratio of -61.33 and a beta of 1.79. The stock has a 50 day moving average of C$2.08 and a 200-day moving average of C$2.32.

Insiders Place Their Bets

In other news, Director Farshad Shirvani sold 135,400 shares of Doubleview Gold stock in a transaction on Friday, July 17th. The stock was sold at an average price of C$2.03, for a total transaction of C$274,862.00. Following the completion of the sale, the director directly owned 27,614,207 shares in the company, valued at approximately C$56,056,840.21. This trade represents a 0.49% decrease in their ownership of the stock. Insiders sold a total of 458,700 shares of company stock valued at $935,436 in the last 90 days. Company insiders own 18.15% of the company’s stock.

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.