Doubleview Gold (CVE:DBG) Shares Down 2.8%

Doubleview Gold Corp. (CVE:DBG)’s share price dropped 2.8% during mid-day trading on Wednesday . The company traded as low as C$0.34 and last traded at C$0.35. Approximately 54,400 shares were traded during trading, a decline of 45% from the average daily volume of 98,172 shares. The stock had previously closed at C$0.36.

Doubleview Gold Stock Performance

The firm has a market capitalization of C$66.87 million, a price-to-earnings ratio of -35.50 and a beta of 1.34. The firm has a fifty day moving average price of C$0.45 and a 200 day moving average price of C$0.49.

Insider Buying and Selling at Doubleview Gold

In related news, Director Farshad Shirvani sold 500,000 shares of Doubleview Gold stock in a transaction on Friday, May 17th. The stock was sold at an average price of C$0.49, for a total transaction of C$245,000.00. 18.44% 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.