Farshad Shirvani Sells 187,700 Shares of Doubleview Gold (CVE:DBG) Stock

Doubleview Gold Corp. (CVE:DBG) Director Farshad Shirvani sold 187,700 shares of Doubleview Gold stock in a transaction on Wednesday, July 15th. The shares were sold at an average price of C$2.06, for a total value of C$386,662.00. Following the completion of the sale, the director directly owned 27,885,207 shares of the company’s stock, valued at approximately C$57,443,526.42. This represents a 0.67% decrease in their position.

Farshad Shirvani also recently made the following trade(s):

• On Thursday, July 16th, Farshad Shirvani sold 135,600 shares of Doubleview Gold stock. The shares were sold at an average price of C$2.02, for a total transaction of C$273,912.00.
• On Friday, July 17th, Farshad Shirvani sold 135,400 shares of Doubleview Gold stock. The shares were sold at an average price of C$2.03, for a total transaction of C$274,862.00.
• On Thursday, May 14th, Farshad Shirvani sold 250,000 shares of Doubleview Gold stock. The shares were sold at an average price of C$2.71, for a total value of C$677,500.00.

Doubleview Gold Stock Performance

DBG opened at C$2.07 on Wednesday. The firm has a 50 day moving average price of C$2.53 and a 200 day moving average price of C$2.19. The company has a market cap of C$486.91 million, a PE ratio of -103.50 and a beta of 1.77. Doubleview Gold Corp. has a 1 year low of C$0.47 and a 1 year 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 stock a “buy” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average 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.