Doubleview Gold (CVE:DBG) Stock Price Up 0.6% – Time to Buy?

Shares of Doubleview Gold Corp. (CVE:DBG) were up 0.6% on Monday . The company traded as high as C$1.73 and last traded at C$1.71. 130,190 shares changed hands during trading, a decline of 75% from the average daily volume of 523,803 shares. The stock had previously closed at C$1.70.

Doubleview Gold Stock Performance

The firm has a market cap of C$390.80 million, a price-to-earnings ratio of -55.33 and a beta of 1.66. The company has a 50 day moving average price of C$1.88 and a 200 day moving average price of C$2.32.

Insider Activity

In other news, Director Farshad Shirvani sold 135,400 shares of the stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of C$2.03, for a total transaction of C$274,862.00. Following the sale, the director directly owned 27,614,207 shares in the company, valued at approximately C$56,056,840.21. This represents a 0.49% decrease in their position. Insiders sold 458,700 shares of company stock worth $935,436 over the last 90 days. 18.15% of the stock is currently owned by insiders.

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.