Doubleview Gold (CVE:DBG) Director Sells C$677,500.00 in Stock

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 250,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of C$2.71, for a total value of C$677,500.00. Following the transaction, the director owned 27,597,907 shares of the company’s stock, valued at C$74,790,327.97. This represents a 0.90% decrease in their ownership of the stock.

Doubleview Gold Stock Down 2.3%

Shares of DBG opened at C$2.55 on Friday. The company has a market cap of C$574.32 million, a PE ratio of -255.00 and a beta of 1.74. The business has a fifty day moving average of C$2.56 and a 200 day moving average of C$1.73. Doubleview Gold Corp. has a 52-week low of C$0.47 and a 52-week high of C$3.50.

Analysts Set New Price Targets

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