Insider Selling: Doubleview Gold Corp. (CVE:DBG) Director Sells 150,000 Shares of Stock

Doubleview Gold Corp. (CVE:DBG - Get Free Report) Director Farshad Shirvani sold 150,000 shares of Doubleview Gold stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of C$0.81, for a total value of C$121,500.00.

Doubleview Gold Stock Down 10.4 %

Doubleview Gold stock traded down C$0.08 during trading hours on Friday, hitting C$0.69. The stock had a trading volume of 318,878 shares, compared to its average volume of 268,126. The company has a 50-day moving average of C$0.62 and a two-hundred day moving average of C$0.47. Doubleview Gold Corp. has a fifty-two week low of C$0.29 and a fifty-two week high of C$0.89. The company has a market cap of C$148.45 million, a PE ratio of -94.26 and a beta of 1.27.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$1.39 price target on shares of Doubleview Gold and gave the stock a "buy" rating in a research report on Wednesday, March 26th.

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.