Doubleview Gold (CVE:DBG) Director Farshad Shirvani Sells 250,000 Shares

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 250,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the director owned 27,597,907 shares in the company, valued at C$74,790,327.97. This trade represents a 0.90% decrease in their position.

Doubleview Gold Price Performance

Shares of Doubleview Gold stock opened at C$2.66 on Thursday. Doubleview Gold Corp. has a one year low of C$0.47 and a one year high of C$3.50. The stock’s 50-day moving average is C$2.56 and its 200 day moving average is C$1.71. The firm has a market cap of C$599.09 million, a price-to-earnings ratio of -266.00 and a beta of 1.74.

Wall Street Analysts Forecast Growth

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