Dakota Gold Corp. (NYSE:DC) Shares Bought by Barclays PLC

Barclays PLC grew its position in shares of Dakota Gold Corp. (NYSE:DC) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,709 shares of the company’s stock after purchasing an additional 15,042 shares during the period. Barclays PLC’s holdings in Dakota Gold were worth $239,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DC. Van ECK Associates Corp raised its stake in shares of 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 raised its stake in shares of Dakota Gold by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,473,599 shares of the company’s stock valued at $3,243,000 after acquiring an additional 15,046 shares in the last quarter. Euro Pacific Asset Management LLC raised its stake in shares of Dakota Gold by 186.0% in the fourth quarter. Euro Pacific Asset Management LLC now owns 1,113,290 shares of the company’s stock valued at $2,464,000 after acquiring an additional 723,970 shares in the last quarter. Vestcor Inc raised its stake in shares of Dakota Gold by 7.6% in the fourth quarter. Vestcor Inc now owns 1,107,630 shares of the company’s stock valued at $2,437,000 after acquiring an additional 78,135 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Dakota Gold by 566.8% in the fourth quarter. Renaissance Technologies LLC now owns 556,107 shares of the company’s stock valued at $1,223,000 after acquiring an additional 472,707 shares in the last quarter. 37.41% of the stock is currently owned by institutional investors and hedge funds.

Dakota Gold Price Performance

Dakota Gold stock opened at $2.88 on Tuesday. Dakota Gold Corp. has a 1-year low of $1.84 and a 1-year high of $3.50. The stock has a market cap of $286.49 million, a PE ratio of -7.02 and a beta of 1.00. The stock’s fifty day moving average is $2.80 and its two-hundred day moving average is $2.57.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets increased their price objective on Dakota Gold from $6.00 to $7.50 and gave the company an “outperform” rating in a research note on Monday, February 10th.

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.