49,640 Shares in Dakota Gold Corp. (NYSE:DC) Purchased by XTX Topco Ltd

XTX Topco Ltd bought a new position in shares of Dakota Gold Corp. (NYSE:DC) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 49,640 shares of the company’s stock, valued at approximately $132,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bridgeway Capital Management LLC raised its stake in Dakota Gold by 2.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 228,500 shares of the company’s stock worth $503,000 after purchasing an additional 5,000 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Dakota Gold by 29.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 28,317 shares of the company’s stock worth $63,000 after purchasing an additional 6,416 shares in the last quarter. ProShare Advisors LLC raised its stake in Dakota Gold by 54.5% in the 4th quarter. ProShare Advisors LLC now owns 19,735 shares of the company’s stock worth $43,000 after purchasing an additional 6,965 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Dakota Gold by 6.6% in the 1st quarter. Bank of New York Mellon Corp now owns 152,109 shares of the company’s stock worth $403,000 after purchasing an additional 9,396 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Dakota Gold by 28.0% in the 4th quarter. Wells Fargo & Company MN now owns 51,129 shares of the company’s stock worth $112,000 after purchasing an additional 11,185 shares in the last quarter. Institutional investors own 37.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DC shares. BMO Capital Markets restated an “outperform” rating and issued a $9.00 target price (up from $7.50) on shares of Dakota Gold in a research report on Thursday, July 10th. Canaccord Genuity Group set a $12.00 target price on shares of Dakota Gold in a research report on Tuesday, June 3rd.

Dakota Gold Trading Down 1.2%

Shares of NYSE:DC opened at $3.99 on Friday. The firm has a 50 day moving average of $3.94 and a 200-day moving average of $3.25. The stock has a market capitalization of $447.97 million, a PE ratio of -9.73 and a beta of 1.12. Dakota Gold Corp. has a 12 month low of $1.96 and a 12 month high of $4.47.

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.