Key Points
- Director Farshad Shirvani sold 250,000 shares of Doubleview Gold on May 14 at an average price of C$2.71, totaling C$677,500. After the sale, he still directly owned 27,597,907 shares.
- The transaction represented only a 0.90% decrease in the director’s ownership stake, indicating he remains a major shareholder in the company.
- Doubleview Gold’s stock was trading near C$2.66, with a 52-week range of C$0.47 to C$3.50; analysts currently have a buy rating and a C$5.01 price target.
Doubleview Gold Corp. (CVE:DBG - Get Free Report) Director Farshad Shirvani sold 250,000 shares of the firm's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of C$2.71, for a total value of C$677,500.00. Following the completion of the transaction, the director directly owned 27,597,907 shares of the company's stock, valued at C$74,790,327.97. The trade was a 0.90% decrease in their ownership of the stock.
Doubleview Gold Price Performance
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 business has a fifty day moving average price of C$2.56 and a 200-day moving average price of C$1.71. The firm has a market capitalization of C$599.09 million, a P/E ratio of -266.00 and a beta of 1.74.
Analysts Set New Price Targets
Separately, Fundamental Research set a C$5.01 price objective on Doubleview Gold and gave the company a "buy" rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of C$5.01.
View Our Latest Stock Analysis on Doubleview Gold
About Doubleview Gold
(
Get Free Report)
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.
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