Doubleview Gold (CVE:DBG) Trading 4% Higher - Still a Buy?

Doubleview Gold Corp. (CVE:DBG - Get Free Report) was up 4% on Monday . The stock traded as high as C$0.52 and last traded at C$0.52. Approximately 126,982 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 240,291 shares. The stock had previously closed at C$0.50.

Doubleview Gold Stock Performance

The firm has a market cap of C$114.03 million, a price-to-earnings ratio of -72.40 and a beta of 1.27. The business has a 50 day simple moving average of C$0.63 and a 200-day simple moving average of C$0.64.

Insider Buying and Selling

In related news, Director Farshad Shirvani sold 148,000 shares of the business's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of C$0.63, for a total transaction of C$93,240.00. Over the last ninety days, insiders sold 221,000 shares of company stock valued at $142,455. Corporate insiders own 18.15% of the company's stock.

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.