Vestcor Inc Has $2.43 Million Position in Dakota Gold Corp. (NYSE:DC)

Vestcor Inc boosted its holdings in Dakota Gold Corp. (NYSE:DC) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,029,495 shares of the company’s stock after purchasing an additional 29,495 shares during the quarter. Vestcor Inc owned about 1.10% of Dakota Gold worth $2,430,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Fourth Sail Capital LP grew its position in Dakota Gold by 0.3% in the 2nd quarter. Fourth Sail Capital LP now owns 4,635,503 shares of the company’s stock valued at $11,542,000 after purchasing an additional 13,657 shares during the period. Van ECK Associates Corp grew its position in Dakota Gold by 16.9% in the 3rd quarter. Van ECK Associates Corp now owns 3,441,636 shares of the company’s stock valued at $8,535,000 after purchasing an additional 498,368 shares during the period. Vanguard Group Inc. grew its position in Dakota Gold by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 2,866,104 shares of the company’s stock valued at $6,793,000 after purchasing an additional 100,799 shares during the period. Euro Pacific Asset Management LLC grew its position in Dakota Gold by 25.8% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 389,320 shares of the company’s stock valued at $923,000 after purchasing an additional 79,888 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Dakota Gold by 6.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 367,629 shares of the company’s stock worth $937,000 after acquiring an additional 23,260 shares during the last quarter. Institutional investors and hedge funds own 37.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets assumed coverage on shares of Dakota Gold in a report on Friday, September 6th. They set an “outperform” rating and a $6.00 price objective on the stock.

Insiders Place Their Bets

In other Dakota Gold news, CEO Robert Quartermain bought 35,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were bought at an average cost of $2.16 per share, for a total transaction of $75,600.00. Following the purchase, the chief executive officer now directly owns 7,577,877 shares of the company’s stock, valued at approximately $16,368,214.32. This trade represents a 0.46 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought 85,946 shares of company stock valued at $189,863 in the last three months. 26.02% of the stock is currently owned by insiders.

Dakota Gold Price Performance

DC opened at $2.28 on Wednesday. The company has a market capitalization of $215.30 million, a price-to-earnings ratio of -5.56 and a beta of 1.11. The firm’s fifty day moving average price is $2.27 and its two-hundred day moving average price is $2.35. Dakota Gold Corp. has a 1 year low of $1.84 and a 1 year high of $3.25.

About Dakota Gold

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.