Fmr LLC Has $6.14 Million Stock Holdings in Dakota Gold Corp. (NYSE:DC)

Fmr LLC lowered its position in shares of Dakota Gold Corp. (NYSE:DC) by 0.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,603,591 shares of the company’s stock after selling 4,843 shares during the quarter. Fmr LLC owned approximately 2.78% of Dakota Gold worth $6,144,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Corundum Trust Company INC bought a new stake in shares of Dakota Gold during the second quarter worth $38,000. Price T Rowe Associates Inc. MD increased its position in Dakota Gold by 28.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 15,562 shares of the company’s stock worth $37,000 after acquiring an additional 3,437 shares during the period. SeaCrest Wealth Management LLC grew its position in Dakota Gold by 50.3% during the third quarter. SeaCrest Wealth Management LLC now owns 19,711 shares of the company’s stock worth $47,000 after buying an additional 6,600 shares in the last quarter. SG Americas Securities LLC bought a new stake in Dakota Gold during the third quarter worth about $55,000. Finally, Pitcairn Co. acquired a new position in Dakota Gold during the third quarter valued at approximately $71,000. Institutional investors own 37.41% of the company’s stock.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets started coverage on shares of Dakota Gold in a research note on Friday, September 6th. They issued an “outperform” rating and a $6.00 price objective on the stock.

Insider Activity at Dakota Gold

In other news, CEO Robert Quartermain purchased 35,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average price of $2.16 per share, with a total value of $75,600.00. Following the transaction, the chief executive officer now directly owns 7,577,877 shares of the company’s stock, valued at approximately $16,368,214.32. This represents a 0.46 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have bought 85,946 shares of company stock valued at $189,863. Corporate insiders own 26.02% of the company’s stock.

Dakota Gold Stock Down 1.3 %

NYSE:DC opened at $2.28 on Friday. The business’s 50-day moving average price is $2.27 and its two-hundred day moving average price is $2.35. The stock has a market cap of $215.30 million, a P/E ratio of -5.56 and a beta of 1.11. Dakota Gold Corp. has a twelve month low of $1.84 and a twelve month high of $3.25.

Dakota Gold 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.