Connor Clark & Lunn Investment Management Ltd. Has $1.60 Million Stock Holdings in Dakota Gold Corp. $DC

Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Dakota Gold Corp. (NYSE:DC) by 29.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 433,218 shares of the company’s stock after purchasing an additional 99,131 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.39% of Dakota Gold worth $1,599,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DC. Amundi acquired a new stake in shares of Dakota Gold during the 1st quarter worth approximately $2,696,000. Donald Smith & CO. Inc. boosted its holdings in shares of Dakota Gold by 254.1% in the 1st quarter. Donald Smith & CO. Inc. now owns 1,080,000 shares of the company’s stock valued at $2,862,000 after purchasing an additional 775,000 shares in the last quarter. Vestcor Inc increased its stake in shares of Dakota Gold by 36.5% in the 1st quarter. Vestcor Inc now owns 1,511,695 shares of the company’s stock valued at $4,006,000 after purchasing an additional 404,065 shares during the last quarter. Euro Pacific Asset Management LLC lifted its position in shares of Dakota Gold by 15.6% during the 2nd quarter. Euro Pacific Asset Management LLC now owns 2,318,912 shares of the company’s stock worth $8,585,000 after buying an additional 313,162 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of Dakota Gold during the 1st quarter worth $738,000. 37.41% of the stock is owned by institutional investors.

Dakota Gold Stock Down 4.8%

Dakota Gold stock opened at $4.01 on Monday. The stock has a market cap of $450.50 million, a PE ratio of -9.78 and a beta of 1.13. Dakota Gold Corp. has a 12-month low of $2.05 and a 12-month high of $5.51. The business’s 50-day moving average price is $4.51 and its two-hundred day moving average price is $3.99.

Insider Transactions at Dakota Gold

In related news, Director Stephen T. O’rourke sold 50,000 shares of the 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 owned 918,199 shares of the company’s stock, valued at $4,278,807.34. This represents a 5.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 17.40% of the stock is currently owned by corporate insiders.

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.