Rhumbline Advisers Sells 23,183 Shares of Dakota Gold Corp. (NYSE:DC)

Rhumbline Advisers lowered its stake in Dakota Gold Corp. (NYSE:DC) by 16.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 113,873 shares of the company’s stock after selling 23,183 shares during the period. Rhumbline Advisers’ holdings in Dakota Gold were worth $251,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DC. Virtu Financial LLC bought a new position in shares of Dakota Gold in the 3rd quarter valued at approximately $55,000. Pitcairn Co. bought a new position in shares of Dakota Gold in the third quarter valued at approximately $71,000. SG Americas Securities LLC raised its position in shares of Dakota Gold by 48.3% in the fourth quarter. SG Americas Securities LLC now owns 34,469 shares of the company’s stock valued at $76,000 after purchasing an additional 11,229 shares during the period. ORG Wealth Partners LLC acquired a new stake in shares of Dakota Gold in the fourth quarter worth $202,000. Finally, Barclays PLC grew its stake in Dakota Gold by 294.0% in the 3rd quarter. Barclays PLC now owns 93,667 shares of the company’s stock valued at $222,000 after buying an additional 69,896 shares during the last quarter. Institutional investors own 37.41% of the company’s stock.

Dakota Gold Stock Down 0.3 %

Shares of NYSE:DC opened at $3.04 on Monday. The company has a market cap of $287.07 million, a price-to-earnings ratio of -7.41 and a beta of 0.95. The business has a 50 day moving average price of $2.65 and a 200 day moving average price of $2.40. Dakota Gold Corp. has a twelve month low of $1.84 and a twelve month high of $3.50.

Analyst Ratings Changes

Separately, BMO Capital Markets boosted their target price on shares of Dakota Gold from $6.00 to $7.50 and gave the stock an “outperform” rating in a research report on Monday, February 10th.

Dakota Gold Company Profile

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.