Dakota Gold Corp. (NYSE:DC) COO Gerald Michael Aberle Buys 6,456 Shares

Dakota Gold Corp. (NYSE:DC) COO Gerald Michael Aberle acquired 6,456 shares of the company’s stock in a transaction on Monday, November 11th. The stock was acquired at an average cost of $2.28 per share, with a total value of $14,719.68. Following the completion of the purchase, the chief operating officer now directly owns 4,352,519 shares in the company, valued at approximately $9,923,743.32. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Dakota Gold Stock Down 1.1 %

NYSE DC opened at $2.22 on Thursday. Dakota Gold Corp. has a 52 week low of $1.84 and a 52 week high of $3.25. The firm has a market capitalization of $207.46 million, a price-to-earnings ratio of -5.40 and a beta of 1.12. The company has a fifty day moving average of $2.32 and a two-hundred day moving average of $2.43.

Dakota Gold (NYSE:DC) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.10) EPS for the quarter.

Analyst Ratings Changes

Separately, BMO Capital Markets began coverage on Dakota Gold in a research report on Friday, September 6th. They issued an “outperform” rating and a $6.00 price target for the company.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Fourth Sail Capital LP raised its stake in shares of Dakota Gold by 0.3% during the second quarter. Fourth Sail Capital LP now owns 4,635,503 shares of the company’s stock valued at $11,542,000 after acquiring an additional 13,657 shares in the last quarter. Van ECK Associates Corp increased its holdings in Dakota Gold by 16.9% during the 3rd quarter. Van ECK Associates Corp now owns 3,441,636 shares of the company’s stock worth $8,535,000 after purchasing an additional 498,368 shares during the period. Vanguard Group Inc. raised its position in Dakota Gold by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 2,866,104 shares of the company’s stock valued at $6,793,000 after purchasing an additional 100,799 shares in the last quarter. Euro Pacific Asset Management LLC lifted its holdings in shares of Dakota Gold by 25.8% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 389,320 shares of the company’s stock worth $923,000 after buying an additional 79,888 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Dakota Gold by 6.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 367,629 shares of the company’s stock worth $937,000 after buying an additional 23,260 shares in the last quarter. Institutional investors own 37.41% of the company’s stock.

About Dakota Gold

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