Doubleview Gold (CVE:DBG) Stock Jumps 1.9% – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG)’s stock price rose 1.9% during trading on Tuesday. The stock traded as high as C$1.62 and last traded at C$1.62. Approximately 118,670 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 500,216 shares. The stock had previously closed at C$1.59.

Doubleview Gold Trading Up 10.1%

The company has a market capitalization of C$386.09 million, a price-to-earnings ratio of -54.67 and a beta of 3.21. The firm’s fifty day simple moving average is C$1.78 and its two-hundred day simple moving average is C$2.25.

Insider Activity at Doubleview Gold

In related news, Director Farshad Shirvani sold 135,400 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately C$56,056,840.21. This trade represents a 0.49% decrease in their position. 18.15% of the stock is currently owned by company insiders.

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.