Insider activity
Doubleview Gold Corp
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Aug 10, 26 | Sell | Shirvani, Farshad Individual · CA$594,928 | 288,800 | CA$2.06 |
| Aug 07, 26 | Sell | Shirvani, Farshad Individual · CA$414,403 | 194,100 | CA$2.13 |
| Aug 06, 26 | Sell | Shirvani, Farshad Individual · CA$354,960 | 174,000 | CA$2.04 |
| Aug 05, 26 | Sell | Shirvani, Farshad Individual · CA$243,540 | 123,000 | CA$1.98 |
| Aug 05, 26 | Sell | Shirvani, Farshad Individual · CA$595,000 | 340,000 | CA$1.75 |
| Aug 04, 26 | Sell | Shirvani, Farshad Individual · CA$99,528 | 52,000 | CA$1.91 |
Recent insider activity at Doubleview Gold Corp raises questions about the company's direction.
In the last two weeks, insiders at Doubleview Gold Corp (DBG.V) have sold approximately CA$2.3 million worth of shares. This activity, mainly by insider Farshad Shirvani, has caught the attention of market observers and could suggest a change in sentiment about the company's future prospects.
Investor takeaway: While insider selling can indicate a lack of confidence in a company's future, it's important to consider the broader context before jumping to conclusions. The lack of insider buying during this time may also signal caution.
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Doubleview Gold Corp
DBG.V
DBG.V
Doubleview Gold Corp
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Market cap
$477.91M
52W high
$3.50
52W low
$0.48
1W change
+3.61%
Beta
1.40
Analyst Price Targets
Based on analyst covering DBG
Wall Street analysts forecast DBG stock price to rise 149.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.01
+149.3% Upside
Current Price
C$2.01
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on DBG's historical volatility
30-Day Vol
92.0%
Annualized
90-Day Vol
90.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.68
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.89 | C$1.38 – C$2.60 |
| 60 trading days | C$1.78 | C$1.14 – C$2.79 |
| 90 trading days | C$1.68 | C$0.97 – C$2.91 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
1,171,900 Shares Sold
Insiders sold a total of 1,171,900 shares in the last two weeks, amounting to CA$2.3 million, all attributed to Farshad Shirvani.
Bull case
Insider selling can be concerning, but it doesn't always mean a business is failing. Insiders might sell shares to diversify their portfolios or take advantage of recent price increases. Investors should focus on the company's fundamentals and future prospects before making decisions.
Bear case
The significant insider selling could suggest that those who know the company best are losing confidence in its future. This may raise red flags for potential investors, indicating they should proceed with caution until more positive signals appear.
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Recent Insider Selling Activity
In the past two weeks, Farshad Shirvani has been the only insider to sell shares of Doubleview Gold Corp. The total of 1,171,900 shares sold reflects a substantial financial commitment, valued at approximately CA$2.3 million. The transactions occurred at various prices, with the highest sale at CA$2.13 per share and the lowest at CA$1.75. This level of selling might suggest that insiders are looking to liquidate their positions, which could be interpreted as a lack of confidence in the company's future performance.
Understanding the Implications
While insider selling can often raise eyebrows, it's essential to consider the reasons behind such actions. Insiders may sell for various reasons, including personal financial needs, tax considerations, or simply to diversify their investments. The absence of any insider buying during this period may heighten concerns, as it suggests that no insiders are currently looking to increase their stakes in the company. Investors should weigh these factors carefully, as insider activity can serve as a signal but is not definitive proof of a company's trajectory.
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