Dakota Gold Corp. (NYSE:DC) Stock Position Decreased by Fourth Sail Capital LP

Fourth Sail Capital LP trimmed its stake in Dakota Gold Corp. (NYSE:DCFree Report) by 3.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,621,846 shares of the company’s stock after selling 179,209 shares during the quarter. Dakota Gold makes up 3.3% of Fourth Sail Capital LP’s holdings, making the stock its 13th largest holding. Fourth Sail Capital LP owned about 5.27% of Dakota Gold worth $10,954,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rathbones Group PLC acquired a new position in Dakota Gold in the 3rd quarter worth approximately $32,000. SG Americas Securities LLC grew its holdings in shares of Dakota Gold by 55.0% during the fourth quarter. SG Americas Securities LLC now owns 19,415 shares of the company’s stock valued at $51,000 after buying an additional 6,889 shares in the last quarter. Euro Pacific Asset Management LLC grew its holdings in shares of Dakota Gold by 6.1% during the fourth quarter. Euro Pacific Asset Management LLC now owns 303,849 shares of the company’s stock valued at $795,000 after buying an additional 17,473 shares in the last quarter. Van ECK Associates Corp raised its position in Dakota Gold by 14.8% during the fourth quarter. Van ECK Associates Corp now owns 3,484,366 shares of the company’s stock valued at $9,129,000 after buying an additional 448,961 shares during the period. Finally, Orion Resource Partners USA LP purchased a new stake in Dakota Gold in the 4th quarter worth about $17,467,000. 37.41% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider James Mccoy Berry acquired 20,000 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was acquired at an average cost of $2.48 per share, with a total value of $49,600.00. Following the acquisition, the insider now owns 273,752 shares in the company, valued at $678,904.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 26.02% of the company’s stock.

Dakota Gold Stock Performance

Shares of NYSE:DC traded up $0.02 during midday trading on Tuesday, hitting $2.46. 162,102 shares of the stock were exchanged, compared to its average volume of 196,305. The company has a market capitalization of $215.77 million, a PE ratio of -5.59 and a beta of 1.16. Dakota Gold Corp. has a 52-week low of $1.95 and a 52-week high of $3.25. The business’s fifty day simple moving average is $2.69 and its two-hundred day simple moving average is $2.45.

Dakota Gold (NYSE:DCGet Free Report) last issued its quarterly earnings data on Friday, May 10th. The company reported ($0.10) earnings per share for the quarter.

Dakota Gold Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding DC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dakota Gold Corp. (NYSE:DCFree Report).

Institutional Ownership by Quarter for Dakota Gold (NYSE:DC)

Receive News & Ratings for Dakota Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dakota Gold and related companies with MarketBeat.com's FREE daily email newsletter.