HighTower Advisors LLC Sells 21,118 Shares of Dakota Gold Corp. (NYSE:DC)

HighTower Advisors LLC decreased its position in Dakota Gold Corp. (NYSE:DC) by 51.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,267 shares of the company’s stock after selling 21,118 shares during the period. HighTower Advisors LLC’s holdings in Dakota Gold were worth $45,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Dakota Gold in the third quarter valued at approximately $55,000. SG Americas Securities LLC boosted its position in Dakota Gold by 48.3% in the fourth quarter. SG Americas Securities LLC now owns 34,469 shares of the company’s stock worth $76,000 after purchasing an additional 11,229 shares during the last quarter. ORG Wealth Partners LLC bought a new position in Dakota Gold in the 4th quarter valued at $202,000. Barclays PLC increased its position in shares of Dakota Gold by 294.0% during the 3rd quarter. Barclays PLC now owns 93,667 shares of the company’s stock valued at $222,000 after purchasing an additional 69,896 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Dakota Gold by 8.4% during the 4th 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 during the period. Institutional investors own 37.41% of the company’s stock.

Analyst Upgrades and Downgrades

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

Dakota Gold Stock Down 5.7 %

Shares of DC stock opened at $2.48 on Friday. The firm has a market cap of $246.70 million, a P/E ratio of -6.05 and a beta of 0.95. The company has a 50 day moving average of $2.87 and a 200-day moving average of $2.48. Dakota Gold Corp. has a 12-month low of $1.84 and a 12-month high of $3.50.

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.