Aegis Financial Corp Acquires Shares of 30,000 Dakota Gold Corp. $DC

Aegis Financial Corp acquired a new stake in Dakota Gold Corp. (NYSE:DC) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $111,000. Dakota Gold comprises 0.1% of Aegis Financial Corp’s investment portfolio, making the stock its 25th largest position.

Several other institutional investors have also added to or reduced their stakes in DC. Amundi bought a new stake in Dakota Gold during the 1st quarter valued at approximately $2,696,000. Anson Funds Management LP purchased a new stake in shares of Dakota Gold in the first quarter worth $464,000. American Century Companies Inc. purchased a new position in Dakota Gold in the first quarter worth about $169,000. Deutsche Bank AG lifted its position in Dakota Gold by 4,316.3% in the 1st quarter. Deutsche Bank AG now owns 70,263 shares of the company’s stock valued at $186,000 after acquiring an additional 68,672 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Dakota Gold during the first quarter valued at $738,000. 37.41% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Dakota Gold news, Director Stephen T. O’rourke sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $4.66, for a total value of $233,000.00. Following the completion of the transaction, the director directly owned 918,199 shares in the company, valued at $4,278,807.34. This represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 17.40% of the company’s stock.

Dakota Gold Trading Down 4.8%

Shares of DC stock opened at $4.01 on Friday. Dakota Gold Corp. has a 12-month low of $2.05 and a 12-month high of $5.51. The stock has a market capitalization of $450.50 million, a P/E ratio of -9.78 and a beta of 1.13. The firm’s 50 day moving average is $4.51 and its 200 day moving average is $3.98.

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.