Ethic Inc. Has $114,000 Position in Dakota Gold Corp. (NYSE:DC)

Ethic Inc. increased its position in Dakota Gold Corp. (NYSE:DC) by 75.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 51,782 shares of the company’s stock after acquiring an additional 22,311 shares during the quarter. Ethic Inc.’s holdings in Dakota Gold were worth $114,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bridgeway Capital Management LLC increased its stake in shares of Dakota Gold by 2.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 228,500 shares of the company’s stock valued at $503,000 after buying an additional 5,000 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Dakota Gold by 29.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 28,317 shares of the company’s stock valued at $63,000 after buying an additional 6,416 shares during the period. Wells Fargo & Company MN boosted its holdings in Dakota Gold by 28.0% in the fourth quarter. Wells Fargo & Company MN now owns 51,129 shares of the company’s stock valued at $112,000 after acquiring an additional 11,185 shares during the last quarter. SG Americas Securities LLC boosted 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 during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in Dakota Gold by 43.0% in the fourth quarter. MetLife Investment Management LLC now owns 37,921 shares of the company’s stock valued at $83,000 after acquiring an additional 11,405 shares during the last quarter. Institutional investors and hedge funds own 37.41% of the company’s stock.

Analyst Ratings Changes

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

Dakota Gold Price Performance

Shares of DC stock opened at $2.85 on Monday. The business’s 50 day simple moving average is $2.79 and its 200 day simple moving average is $2.58. Dakota Gold Corp. has a one year low of $1.84 and a one year high of $3.50. The stock has a market capitalization of $283.51 million, a PE ratio of -6.95 and a beta of 1.00.

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.