Doubleview Gold (CVE:DBG) Trading 1.5% Higher – Here’s What Happened

Doubleview Gold Corp. (CVE:DBG) was up 1.5% during trading on Thursday . The stock traded as high as C$0.69 and last traded at C$0.67. Approximately 68,674 shares were traded during trading, a decline of 73% from the average daily volume of 257,998 shares. The stock had previously closed at C$0.66.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$1.39 price target on Doubleview Gold and gave the company a “buy” rating in a research note on Wednesday, March 26th.

Doubleview Gold Stock Performance

The firm’s 50 day moving average price is C$0.68 and its two-hundred day moving average price is C$0.57. The company has a market cap of C$144.15 million, a P/E ratio of -91.53 and a beta of 1.27.

Insiders Place Their Bets

In related news, Director Farshad Shirvani sold 150,000 shares of the company’s 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 transaction of C$121,500.00. Over the last ninety days, insiders sold 178,000 shares of company stock worth $141,550. 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.