Euro Pacific Asset Management LLC grew its stake in shares of Dakota Gold Corp. (NYSE:DC - Free Report) by 186.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,113,290 shares of the company's stock after purchasing an additional 723,970 shares during the quarter. Euro Pacific Asset Management LLC owned approximately 1.18% of Dakota Gold worth $2,464,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in DC. SeaCrest Wealth Management LLC lifted its holdings in shares of Dakota Gold by 50.3% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 19,711 shares of the company's stock worth $47,000 after buying an additional 6,600 shares during the period. SG Americas Securities LLC bought a new stake in shares of Dakota Gold in the third quarter valued at about $55,000. Virtu Financial LLC purchased a new stake in Dakota Gold in the third quarter worth about $55,000. Pitcairn Co. bought a new position in Dakota Gold during the 3rd quarter worth about $71,000. Finally, Renaissance Technologies LLC increased its position in Dakota Gold by 15.3% during the 2nd quarter. Renaissance Technologies LLC now owns 44,500 shares of the company's stock valued at $113,000 after purchasing an additional 5,900 shares during the period. Hedge funds and other institutional investors own 37.41% of the company's stock.
Insider Buying and Selling
In other news, CEO Robert Quartermain purchased 35,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average cost of $2.16 per share, for a total transaction of $75,600.00. Following the acquisition, the chief executive officer now owns 7,577,877 shares of the company's stock, valued at approximately $16,368,214.32. This represents a 0.46 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders acquired 85,946 shares of company stock valued at $189,863 over the last 90 days. Corporate insiders own 26.02% of the company's stock.
Dakota Gold Trading Up 0.4 %
Shares of DC traded up $0.01 during mid-day trading on Friday, hitting $2.33. The company's stock had a trading volume of 155,954 shares, compared to its average volume of 221,194. The company's 50-day moving average is $2.23 and its 200-day moving average is $2.27. Dakota Gold Corp. has a 52-week low of $1.84 and a 52-week high of $3.25. The firm has a market capitalization of $220.02 million, a price-to-earnings ratio of -5.68 and a beta of 1.10.
Dakota Gold 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.
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