Doubleview Gold (CVE:DBG) Stock Price Down 2.8% - Should You Sell?

Shares of Doubleview Gold Corp. (CVE:DBG - Get Free Report) were down 2.8% during trading on Monday . The stock traded as low as C$0.69 and last traded at C$0.69. Approximately 342,616 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 258,977 shares. The stock had previously closed at C$0.71.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$1.39 price objective on Doubleview Gold and gave the stock a "buy" rating in a report on Wednesday, March 26th.

Doubleview Gold Price Performance

The firm has a market capitalization of C$148.45 million, a price-to-earnings ratio of -94.26 and a beta of 1.27. The firm's 50-day moving average price is C$0.75 and its 200 day moving average price is C$0.52.

Insider Activity at Doubleview Gold

In other Doubleview Gold news, Director Farshad Shirvani sold 150,000 shares of the stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of C$0.81, for a total transaction of C$121,500.00. 18.15% of the stock is currently owned by corporate 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.