MetLife Investment Management LLC Raises Stock Position in Dakota Gold Corp. (NYSE:DC)

MetLife Investment Management LLC boosted its holdings in shares of Dakota Gold Corp. (NYSE:DC) by 43.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,921 shares of the company’s stock after acquiring an additional 11,405 shares during the period. MetLife Investment Management LLC’s holdings in Dakota Gold were worth $83,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the business. Van ECK Associates Corp boosted its stake in Dakota Gold by 1.2% in the fourth quarter. Van ECK Associates Corp now owns 3,481,217 shares of the company’s stock valued at $7,659,000 after acquiring an additional 39,581 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Dakota Gold by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 1,473,599 shares of the company’s stock valued at $3,243,000 after purchasing an additional 15,046 shares during the last quarter. Euro Pacific Asset Management LLC boosted its position in shares of Dakota Gold by 186.0% in the 4th quarter. Euro Pacific Asset Management LLC now owns 1,113,290 shares of the company’s stock worth $2,464,000 after purchasing an additional 723,970 shares in the last quarter. Vestcor Inc grew its stake in Dakota Gold by 7.6% during the 4th quarter. Vestcor Inc now owns 1,107,630 shares of the company’s stock worth $2,437,000 after buying an additional 78,135 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in Dakota Gold by 566.8% during the 4th quarter. Renaissance Technologies LLC now owns 556,107 shares of the company’s stock valued at $1,223,000 after buying an additional 472,707 shares in the last quarter. 37.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Dakota Gold Trading Up 12.0 %

NYSE:DC opened at $3.08 on Friday. Dakota Gold Corp. has a twelve month low of $1.84 and a twelve month high of $3.50. The company has a market cap of $306.39 million, a PE ratio of -7.51 and a beta of 1.00. The company’s 50 day moving average is $2.81 and its two-hundred day moving average is $2.56.

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.