Doubleview Gold (CVE:DBG) Stock Price Up 1.3% - Still a Buy?

Key Points

• Doubleview Gold Corp. (CVE:DBG) saw its stock price increase by 1.3%, trading between C$0.77 and C$0.79 with a market capitalization of C$165.68 million.
• Insider activity included Director Farshad Shirvani selling 148,000 shares at an average price of C$0.63.
• The company focuses on exploration and development of mineral resources in British Columbia, including copper, gold, silver, and zinc.

Doubleview Gold Corp. (CVE:DBG - ) traded up 1.3% during mid-day trading on Friday . The stock traded as high as C$0.79 and last traded at C$0.78. 360,844 shares changed hands during mid-day trading, an increase of 50% from the average session volume of 239,819 shares. The stock had previously closed at C$0.77.

Doubleview Gold Price Performance

The firm has a market capitalization of C$165.68 million, a PE ratio of -78.00 and a beta of -0.43. The firm's fifty day moving average is C$0.61 and its two-hundred day moving average is C$0.65.

Insider Activity

In other news, Director Farshad Shirvani sold 148,000 shares of the company's stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of C$0.63, for a total value of C$93,240.00. 18.15% of the stock is currently owned by corporate 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.

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