Key Points
- VP James Mccoy Berry sold 12,388 shares on Feb. 27 at an average price of $7.02 for $86,963.76, leaving him with 371,748 shares (a 3.22% reduction) as disclosed in an SEC filing.
- Dakota Gold (DC) is trading near $6.88 with a 12‑month range of $2.40–$7.25, a market cap of about $799 million and a negative P/E of -16.78, while its 50‑ and 200‑day moving averages are $6.16 and $5.14 respectively.
- Analysts have a consensus rating of "Moderate Buy" (three Buys, one Hold) with an average price target of $10.19, and institutional investors own roughly 37.4% of the stock after recent small stake increases by several funds.
Dakota Gold Corp. (NYSE:DC - Get Free Report) VP James Mccoy Berry sold 12,388 shares of the firm's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $7.02, for a total value of $86,963.76. Following the transaction, the vice president owned 371,748 shares of the company's stock, valued at approximately $2,609,670.96. This represents a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Dakota Gold Trading Down 1.1%
DC stock opened at $6.88 on Tuesday. The business's fifty day moving average price is $6.16 and its 200 day moving average price is $5.14. Dakota Gold Corp. has a 12-month low of $2.40 and a 12-month high of $7.25. The company has a market capitalization of $799.17 million, a PE ratio of -16.78 and a beta of 1.08.
Hedge Funds Weigh In On Dakota Gold
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Nisa Investment Advisors LLC increased its stake in shares of Dakota Gold by 109.8% during the second quarter. Nisa Investment Advisors LLC now owns 7,070 shares of the company's stock worth $26,000 after buying an additional 3,700 shares during the period. BNP Paribas Financial Markets lifted its stake in Dakota Gold by 120.5% in the second quarter. BNP Paribas Financial Markets now owns 8,309 shares of the company's stock worth $31,000 after acquiring an additional 4,541 shares during the last quarter. Ameritas Investment Partners Inc. grew its holdings in Dakota Gold by 130.7% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,788 shares of the company's stock worth $32,000 after acquiring an additional 4,978 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Dakota Gold by 105.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,203 shares of the company's stock valued at $41,000 after purchasing an additional 3,703 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Dakota Gold in the 3rd quarter valued at $46,000. 37.41% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. HC Wainwright assumed coverage on shares of Dakota Gold in a research report on Monday, January 5th. They set a "buy" rating and a $9.75 price target on the stock. Zacks Research upgraded shares of Dakota Gold to a "hold" rating in a report on Tuesday, January 6th. Finally, Scotiabank began coverage on shares of Dakota Gold in a research report on Monday, February 23rd. They issued a "sector outperform" rating and a $10.00 price target for the company. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Dakota Gold currently has a consensus rating of "Moderate Buy" and an average target price of $10.19.
Check Out Our Latest Report on DC
Dakota Gold Company Profile
(
Get Free Report)
Dakota Gold Corp (NYSE:DC) is a mineral exploration and development company focused on advancing gold projects within the United States. The company’s primary asset is the historic Homestake District in South Dakota’s Black Hills, where it seeks to redevelop gold-bearing tailings and low‐grade ore volumes for open‐pit heap leach processing. Dakota Gold pursues a staged approach, combining exploration, resource delineation and economic studies to unlock value from legacy mine materials.
The firm’s flagship property comprises sealed tailings impoundments and adjacent low‐grade stockpiles left over from the Homestake Gold Mine, which operated from 1876 until 2002.
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