MetLife Investment Management LLC Has $63,000 Stock Holdings in Dakota Gold Corp. (NYSE:DC)

MetLife Investment Management LLC cut its holdings in shares of Dakota Gold Corp. (NYSE:DC) by 29.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,516 shares of the company’s stock after selling 11,049 shares during the period. MetLife Investment Management LLC’s holdings in Dakota Gold were worth $63,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in DC. Vanguard Group Inc. boosted its position in Dakota Gold by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 2,866,104 shares of the company’s stock worth $6,793,000 after buying an additional 100,799 shares during the period. Price T Rowe Associates Inc. MD lifted its position 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 purchasing an additional 3,437 shares during the period. Corundum Trust Company INC acquired a new position in shares of Dakota Gold in the 2nd quarter worth approximately $38,000. Bank of New York Mellon Corp lifted 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 purchasing an additional 47,172 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Dakota Gold by 17.3% in the 2nd quarter. Rhumbline Advisers now owns 80,867 shares of the company’s stock worth $206,000 after purchasing an additional 11,926 shares during the period. 37.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Dakota Gold news, CEO Robert Quartermain purchased 35,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average price of $2.16 per share, for a total transaction of $75,600.00. Following the purchase, the chief executive officer now owns 7,577,877 shares of the company’s stock, valued at $16,368,214.32. This trade represents a 0.46 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders purchased 85,946 shares of company stock worth $189,863 in the last quarter. 26.02% of the stock is owned by corporate insiders.

Dakota Gold Stock Up 0.4 %

NYSE:DC opened at $2.28 on Wednesday. The company has a fifty day moving average of $2.27 and a 200-day moving average of $2.35. The firm has a market capitalization 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.

Analyst Upgrades and Downgrades

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

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.