Price T Rowe Associates Inc. MD Acquires 6,416 Shares of Dakota Gold Corp. (NYSE:DC)

Price T Rowe Associates Inc. MD raised its holdings in shares of Dakota Gold Corp. (NYSE:DC) by 29.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,317 shares of the company’s stock after acquiring an additional 6,416 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Dakota Gold were worth $63,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of DC. Intech Investment Management LLC grew its position in Dakota Gold by 200.7% in the fourth quarter. Intech Investment Management LLC now owns 30,369 shares of the company’s stock worth $67,000 after acquiring an additional 20,270 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of 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 purchasing an additional 11,229 shares during the period. Symmetry Partners LLC bought a new position in Dakota Gold in the fourth quarter worth approximately $82,000. MetLife Investment Management LLC raised its stake in Dakota Gold by 43.0% in the fourth quarter. MetLife Investment Management LLC now owns 37,921 shares of the company’s stock worth $83,000 after buying an additional 11,405 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Dakota Gold by 28.0% in the fourth quarter. Wells Fargo & Company MN now owns 51,129 shares of the company’s stock worth $112,000 after buying an additional 11,185 shares in the last quarter. 37.41% of the stock is owned by institutional investors.

Dakota Gold Stock Performance

NYSE:DC opened at $2.85 on Monday. Dakota Gold Corp. has a one year low of $1.84 and a one year high of $3.50. The firm has a market cap of $283.51 million, a price-to-earnings ratio of -6.95 and a beta of 1.00. The firm’s fifty day moving average is $2.79 and its two-hundred day moving average is $2.58.

Analyst Ratings Changes

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

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.