Doubleview Gold (CVE:DBG) Trading Down 1.5% - What's Next?

Doubleview Gold Corp. (CVE:DBG - Get Free Report) shares traded down 1.5% during trading on Friday . The stock traded as low as C$0.67 and last traded at C$0.67. 53,936 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 247,024 shares. The stock had previously closed at C$0.68.

Wall Street Analysts Forecast Growth

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 Price Performance

The stock has a market cap of C$137.70 million, a P/E ratio of -87.43 and a beta of 1.27. The company's 50 day simple moving average is C$0.66 and its 200 day simple moving average is C$0.62.

Insider Buying and Selling

In other Doubleview Gold news, Director Farshad Shirvani sold 70,000 shares of the stock in a transaction on Friday, July 11th. The shares were sold at an average price of C$0.67, for a total value of C$47,145.00. Insiders have sold a total of 84,000 shares of company stock worth $57,025 in the last ninety days. Corporate insiders own 18.15% of the company's stock.

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.