SG Americas Securities LLC Has $76,000 Stake in Dakota Gold Corp. (NYSE:DC)

SG Americas Securities LLC grew its holdings in Dakota Gold Corp. (NYSE:DC) by 48.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 34,469 shares of the company’s stock after purchasing an additional 11,229 shares during the quarter. SG Americas Securities LLC’s holdings in Dakota Gold were worth $76,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Van ECK Associates Corp raised its position in shares of Dakota Gold by 16.9% during the third quarter. Van ECK Associates Corp now owns 3,441,636 shares of the company’s stock worth $8,535,000 after acquiring an additional 498,368 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in Dakota Gold in the fourth quarter valued at about $202,000. Euro Pacific Asset Management LLC grew its stake in Dakota Gold by 25.8% in the third quarter. Euro Pacific Asset Management LLC now owns 389,320 shares of the company’s stock valued at $923,000 after acquiring an additional 79,888 shares during the period. Barclays PLC boosted its position in shares of Dakota Gold by 294.0% during the third quarter. Barclays PLC now owns 93,667 shares of the company’s stock worth $222,000 after buying an additional 69,896 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Dakota Gold by 4.4% during the third quarter. Geode Capital Management LLC now owns 1,458,553 shares of the company’s stock worth $3,443,000 after buying an additional 60,918 shares during the period. Institutional investors and hedge funds own 37.41% of the company’s stock.

Insider Buying and Selling at Dakota Gold

In other news, CEO Robert Quartermain bought 35,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were bought at an average price of $2.16 per share, for a total transaction of $75,600.00. Following the completion of the purchase, the chief executive officer now owns 7,577,877 shares in the company, valued at approximately $16,368,214.32. This trade represents a 0.46 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have acquired 59,490 shares of company stock worth $129,543 over the last 90 days. Company insiders own 26.02% of the company’s stock.

Dakota Gold Stock Up 3.5 %

NYSE:DC opened at $3.25 on Friday. The stock’s 50 day moving average price is $2.34 and its two-hundred day moving average price is $2.28. The firm has a market capitalization of $306.90 million, a price-to-earnings ratio of -7.93 and a beta of 1.10. Dakota Gold Corp. has a 12-month low of $1.84 and a 12-month high of $3.35.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets increased their price target on Dakota Gold from $6.00 to $7.50 and gave the company an “outperform” rating in a research report on Monday.

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.