FY2026 EPS Estimates for Dakota Gold Cut by HC Wainwright

Dakota Gold Corp. (NYSE:DC) – Research analysts at HC Wainwright cut their FY2026 earnings per share estimates for Dakota Gold in a research note issued on Wednesday, April 22nd. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.34) for the year, down from their previous estimate of ($0.24). HC Wainwright has a “Buy” rating and a $10.50 price objective on the stock.

Several other analysts have also commented on DC. Scotiabank initiated coverage on Dakota Gold in a report on Monday, February 23rd. They issued a “sector outperform” rating and a $10.00 price objective on the stock. Zacks Research raised Dakota Gold to a “hold” rating in a report on Tuesday, January 6th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $10.38.

Dakota Gold Trading Down 0.7%

Shares of DC opened at $5.70 on Friday. Dakota Gold has a 12 month low of $2.62 and a 12 month high of $7.25. The stock’s 50 day moving average is $5.66 and its two-hundred day moving average is $5.41. The firm has a market cap of $761.05 million, a P/E ratio of -13.90 and a beta of 1.20.

Insider Buying and Selling

In other news, CFO Shawn Campbell sold 21,207 shares of Dakota Gold stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $7.02, for a total value of $148,873.14. Following the sale, the chief financial officer directly owned 231,526 shares of the company’s stock, valued at $1,625,312.52. The trade was a 8.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP James Mccoy Berry sold 12,388 shares of Dakota Gold stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $7.02, for a total value of $86,963.76. Following the completion of the sale, the vice president directly owned 371,748 shares in the company, valued at $2,609,670.96. This represents a 3.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 17.40% of the company’s stock.

Institutional Trading of Dakota Gold

A number of institutional investors have recently made changes to their positions in DC. AQR Capital Management LLC lifted its position in Dakota Gold by 87.7% during the first quarter. AQR Capital Management LLC now owns 31,293 shares of the company’s stock worth $83,000 after buying an additional 14,617 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Dakota Gold by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 210,091 shares of the company’s stock worth $557,000 after buying an additional 8,249 shares in the last quarter. Jane Street Group LLC lifted its position in Dakota Gold by 14.9% during the first quarter. Jane Street Group LLC now owns 58,867 shares of the company’s stock worth $156,000 after buying an additional 7,626 shares in the last quarter. Acadian Asset Management LLC purchased a new position in Dakota Gold during the first quarter worth approximately $87,000. Finally, Rhumbline Advisers lifted its position in Dakota Gold by 96.7% during the second quarter. Rhumbline Advisers now owns 230,909 shares of the company’s stock worth $852,000 after buying an additional 113,493 shares in the last quarter. 37.41% of the stock is owned by institutional investors and hedge funds.

About Dakota Gold

Dakota Gold Corp (NYSE:DC) is a mineral exploration and development company focused on advancing gold projects within the United States. The company’s primary asset is the historic Homestake District in South Dakota’s Black Hills, where it seeks to redevelop gold-bearing tailings and low‐grade ore volumes for open‐pit heap leach processing. Dakota Gold pursues a staged approach, combining exploration, resource delineation and economic studies to unlock value from legacy mine materials.

The firm’s flagship property comprises sealed tailings impoundments and adjacent low‐grade stockpiles left over from the Homestake Gold Mine, which operated from 1876 until 2002.