Robert Quartermain Buys 35,000 Shares of Dakota Gold Corp. (NYSE:DC) Stock

Dakota Gold Corp. (NYSE:DC) CEO Robert Quartermain purchased 35,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average cost of $2.16 per share, for a total transaction of $75,600.00. Following the completion of the acquisition, the chief executive officer now 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Robert Quartermain also recently made the following trade(s):

• On Tuesday, November 5th, Robert Quartermain bought 20,000 shares of Dakota Gold stock. The stock was purchased at an average cost of $2.28 per share, for a total transaction of $45,600.00.

Dakota Gold Trading Up 2.3 %

NYSE:DC opened at $2.22 on Wednesday. Dakota Gold Corp. has a 12-month low of $1.84 and a 12-month high of $3.25. The stock has a 50-day moving average price of $2.31 and a 200 day moving average price of $2.42. The stock has a market capitalization of $209.63 million, a P/E ratio of -5.41 and a beta of 1.12.

Analysts Set New Price Targets

Separately, BMO Capital Markets assumed coverage on Dakota Gold in a research report on Friday, September 6th. They issued an “outperform” rating and a $6.00 price target for the company.

Institutional Investors Weigh In On Dakota Gold

Several institutional investors have recently modified their holdings of DC. Vanguard Group Inc. boosted its holdings in Dakota Gold by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 2,866,104 shares of the company’s stock valued at $6,793,000 after acquiring an additional 100,799 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Dakota Gold by 28.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,562 shares of the company’s stock worth $37,000 after buying an additional 3,437 shares during the period. Virtu Financial LLC bought a new position in shares of Dakota Gold in the 1st quarter worth $42,000. Corundum Trust Company INC bought a new position in shares of Dakota Gold in the 2nd quarter worth $38,000. Finally, Bank of New York Mellon Corp raised its position in shares of Dakota Gold by 32.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 194,347 shares of the company’s stock worth $496,000 after acquiring an additional 47,172 shares in the last quarter. 37.41% of the stock is owned by institutional investors.

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.