54,514 Shares in Dakota Gold Corp. $DC Purchased by Walleye Capital LLC

Walleye Capital LLC bought a new position in shares of Dakota Gold Corp. (NYSE:DC) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 54,514 shares of the company’s stock, valued at approximately $144,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. EntryPoint Capital LLC acquired a new stake in Dakota Gold during the first quarter worth about $52,000. American Century Companies Inc. acquired a new stake in Dakota Gold during the first quarter worth about $169,000. Nuveen LLC acquired a new stake in Dakota Gold during the first quarter worth about $738,000. Donald Smith & CO. Inc. grew its holdings in Dakota Gold by 254.1% during the first quarter. Donald Smith & CO. Inc. now owns 1,080,000 shares of the company’s stock worth $2,862,000 after acquiring an additional 775,000 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Dakota Gold in the first quarter valued at approximately $188,000. 37.41% of the stock is owned by institutional investors and hedge funds.

Dakota Gold Price Performance

Shares of NYSE:DC opened at $4.44 on Friday. The business’s 50 day moving average price is $4.03 and its 200-day moving average price is $3.40. The firm has a market capitalization of $498.81 million, a PE ratio of -10.83 and a beta of 1.13. Dakota Gold Corp. has a 1 year low of $2.05 and a 1 year high of $4.63.

Analyst Upgrades and Downgrades

DC has been the topic of several research analyst reports. Canaccord Genuity Group set a $12.00 price objective on Dakota Gold in a report on Tuesday, June 3rd. BMO Capital Markets reissued an “outperform” rating and issued a $9.00 price objective (up from $7.50) on shares of Dakota Gold in a report on Thursday, July 10th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average price target of $10.50.

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.