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

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 135,400 shares of the company’s stock in a transaction on Friday, July 17th. The shares were sold at an average price of C$2.03, for a total value of C$274,862.00. Following the sale, the director directly owned 27,614,207 shares of the company’s stock, valued at approximately 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 stock was sold at an average price of C$2.02, for a total value 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 value of C$677,500.00.

Doubleview Gold Trading Down 2.0%

DBG stock traded down C$0.04 during mid-day trading on Monday, reaching C$1.97. 76,622 shares of the stock traded hands, compared to its average volume of 539,882. The stock’s fifty day moving average is C$2.55 and its 200-day moving average is C$2.18. The company has a market cap of C$463.39 million, a P/E ratio of -98.50 and a beta of 1.77. Doubleview Gold Corp. has a 52-week low of C$0.47 and a 52-week high of C$3.50.

Analyst Upgrades and Downgrades

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