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Dakota Gold Corp. (NYSE:DC) Director Buys 126,824.90 in Stock

kopsource ·  Dec 22, 2022 05:31

Dakota Gold Corp. (NYSE:DC – Get Rating) Director Alice D. Schroeder purchased 41,995 shares of the business's stock in a transaction dated Friday, December 16th. The shares were purchased at an average cost of 3.02 per share, with a total value of 126,824.90. Following the completion of the purchase, the director now directly owns 126,765 shares in the company, valued at 382,830.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Dakota Gold Trading Up 8.3 %

Shares of DC stock opened at 3.41 on Thursday. The firm has a 50 day moving average of 3.44. Dakota Gold Corp. has a twelve month low of 2.78 and a twelve month high of 8.47.

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Dakota Gold (NYSE:DC – Get Rating) last issued its quarterly earnings data on Tuesday, November 8th. The company reported -0.09 earnings per share for the quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Canaccord Genuity Group assumed coverage on Dakota Gold in a research note on Monday, September 12th. They set a "speculative buy" rating and a $5.25 price target for the company. Canaccord Genuity Group assumed coverage on Dakota Gold in a research note on Monday, September 12th. They set a "buy" rating and a $5.25 price target for the company.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Dakota Gold by 44.8% in the 3rd quarter. Vanguard Group Inc. now owns 2,417,492 shares of the company's stock valued at $7,373,000 after buying an additional 748,405 shares during the last quarter. BlackRock Inc. grew its holdings in Dakota Gold by 32.0% in the 3rd quarter. BlackRock Inc. now owns 2,840,979 shares of the company's stock valued at $8,666,000 after buying an additional 689,258 shares during the last quarter. State Street Corp grew its holdings in Dakota Gold by 37.5% in the 3rd quarter. State Street Corp now owns 464,170 shares of the company's stock valued at $1,416,000 after buying an additional 126,691 shares during the last quarter. Strategy Asset Managers LLC acquired a new stake in Dakota Gold in the 3rd quarter valued at approximately $220,000. Finally, Bank of New York Mellon Corp grew its holdings in Dakota Gold by 30.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 145,170 shares of the company's stock valued at $443,000 after buying an additional 34,108 shares during the last quarter. 21.30% of the stock is owned by institutional investors.

About Dakota Gold

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Dakota Gold Corp. engages in the acquisition and exploration of mineral properties. It primarily explores for gold deposits. The company holds 100% interest in the Blind Gold, City Creek, Homestake Paleoplacer, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, and South Lead/Whistler Gulch projects located Homestake District, South Dakota.

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