90,000 Shares in Dakota Gold Corp. $DC Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Dakota Gold Corp. (NYSE:DC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 90,000 shares of the company’s stock, valued at approximately $410,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.08% of Dakota Gold as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Franklin Resources Inc. boosted its stake in shares of Dakota Gold by 2.9% during the 2nd quarter. Franklin Resources Inc. now owns 2,520,000 shares of the company’s stock worth $9,299,000 after acquiring an additional 70,000 shares in the last quarter. Euro Pacific Asset Management LLC lifted its holdings in Dakota Gold by 15.4% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 2,677,080 shares of the company’s stock worth $12,171,000 after purchasing an additional 358,168 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Dakota Gold by 29.7% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 433,218 shares of the company’s stock worth $1,599,000 after purchasing an additional 99,131 shares during the period. Geode Capital Management LLC grew its holdings in Dakota Gold by 20.6% during the second quarter. Geode Capital Management LLC now owns 1,850,272 shares of the company’s stock valued at $6,829,000 after purchasing an additional 316,043 shares during the last quarter. Finally, Aegis Financial Corp bought a new position in shares of Dakota Gold in the second quarter valued at approximately $111,000. Institutional investors and hedge funds own 37.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DC shares. Zacks Research upgraded shares of Dakota Gold to a “hold” rating in a research note on Tuesday, January 6th. HC Wainwright started coverage on shares of Dakota Gold in a research report on Monday, January 5th. They set a “buy” rating and a $9.75 target price for the company. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $10.25.

Insider Activity

In other Dakota Gold news, CEO Robert Quartermain sold 250,000 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $6.88, for a total value of $1,720,000.00. Following the completion of the sale, the chief executive officer owned 7,493,244 shares in the company, valued at approximately $51,553,518.72. This trade represents a 3.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Shawn Campbell sold 55,000 shares of Dakota Gold stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $6.30, for a total value of $346,500.00. Following the sale, the chief financial officer directly owned 179,491 shares in the company, valued at $1,130,793.30. The trade was a 23.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 17.40% of the stock is currently owned by company insiders.

Dakota Gold Price Performance

Shares of Dakota Gold stock opened at $5.93 on Tuesday. The company has a market cap of $671.08 million, a PE ratio of -14.45 and a beta of 1.08. The firm has a fifty day moving average price of $5.80 and a two-hundred day moving average price of $4.82. Dakota Gold Corp. has a fifty-two week low of $2.21 and a fifty-two week high of $7.25.

Dakota Gold Company Profile

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.