96,050 Shares in Dakota Gold Corp. $DC Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new position in shares of Dakota Gold Corp. (NYSE:DC – Free Report) during the second quarter, HoldingsChannel reports. The firm purchased 96,050 shares of the company’s stock, valued at approximately $409,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brookstone Capital Management raised its stake in Dakota Gold by 19.5% in the first quarter. Brookstone Capital Management now owns 15,950 shares of the company’s stock valued at $81,000 after buying an additional 2,600 shares during the period. LPL Financial LLC boosted its stake in shares of Dakota Gold by 2.6% during the 4th quarter. LPL Financial LLC now owns 128,407 shares of the company’s stock worth $729,000 after acquiring an additional 3,224 shares during the period. AQR Capital Management LLC increased its holdings in shares of Dakota Gold by 4.9% during the 4th quarter. AQR Capital Management LLC now owns 75,001 shares of the company’s stock worth $426,000 after acquiring an additional 3,498 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Dakota Gold by 105.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,203 shares of the company’s stock worth $41,000 after acquiring an additional 3,703 shares during the last quarter. Finally, 55 North Private Wealth LLC raised its stake in Dakota Gold by 27.6% in the 2nd quarter. 55 North Private Wealth LLC now owns 17,638 shares of the company’s stock valued at $75,000 after acquiring an additional 3,812 shares during the period. Institutional investors own 37.41% of the company’s stock.

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Dakota Gold Stock Down 0.3%

Shares of NYSE:DC opened at $6.15 on Friday. Dakota Gold Corp. has a 12-month low of $3.79 and a 12-month high of $7.25. The stock has a market cap of $825.16 million, a PE ratio of -15.00 and a beta of 1.19. The business has a 50 day moving average of $4.92 and a 200-day moving average of $5.40.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Canadian Imperial Bank of Commerce assumed coverage on Dakota Gold in a report on Tuesday, May 5th. They set an “outperform” rating and a $11.00 price target for the company. Canaccord Genuity Group upped their price objective on shares of Dakota Gold from $16.00 to $18.00 and gave the company a “speculative buy” rating in a report on Tuesday, May 26th. Finally, HC Wainwright increased their price objective on shares of Dakota Gold from $10.50 to $10.75 and gave the company a “buy” rating in a research report on Thursday, July 16th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Dakota Gold presently has an average rating of “Moderate Buy” and a consensus price target of $12.44.

View Our Latest Stock Report on DC

Insider Buying and Selling at Dakota Gold

In other news, Director Todd J. Kenner purchased 17,921 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was acquired at an average cost of $5.60 per share, with a total value of $100,357.60. Following the acquisition, the director owned 17,921 shares in the company, valued at approximately $100,357.60. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 8.50% of the company’s stock.

Dakota Gold Company Profile

(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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Want to see what other hedge funds are holding DC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dakota Gold Corp. (NYSE:DC – Free Report).

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