Dakota Gold Corp. (NYSE:DC) Shares Bought by Two Sigma Investments LP

Two Sigma Investments LP grew its holdings in shares of Dakota Gold Corp. (NYSE:DC) by 348.7% in the 4th quarter, Holdings Channel reports. The fund owned 116,429 shares of the company’s stock after acquiring an additional 90,483 shares during the period. Two Sigma Investments LP’s holdings in Dakota Gold were worth $256,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in 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 acquiring an additional 11,229 shares in the last quarter. Van ECK Associates Corp raised its holdings 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. Charles Schwab Investment Management Inc. grew its stake in Dakota Gold by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 194,745 shares of the company’s stock worth $428,000 after purchasing an additional 15,081 shares in the last quarter. Wells Fargo & Company MN grew its stake in Dakota Gold by 28.0% in the fourth quarter. Wells Fargo & Company MN now owns 51,129 shares of the company’s stock worth $112,000 after purchasing an additional 11,185 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in Dakota Gold by 566.8% in the fourth quarter. Renaissance Technologies LLC now owns 556,107 shares of the company’s stock worth $1,223,000 after purchasing an additional 472,707 shares in the last quarter. 37.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group set a $12.00 price target on Dakota Gold in a research note on Tuesday, June 3rd.

Dakota Gold Trading Down 1.0%

Shares of DC opened at $3.80 on Thursday. The firm has a market cap of $378.01 million, a price-to-earnings ratio of -9.27 and a beta of 1.05. The stock has a 50 day moving average of $2.96 and a 200-day moving average of $2.70. Dakota Gold Corp. has a 52 week low of $1.84 and a 52 week high of $4.00.

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.