Trek Financial LLC Acquires Shares of 128,455 Dakota Gold Corp. (NYSE:DC)

Trek Financial LLC bought a new position in shares of Dakota Gold Corp. (NYSE:DC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 128,455 shares of the company's stock, valued at approximately $283,000. Trek Financial LLC owned approximately 0.14% of Dakota Gold as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DC. Virtu Financial LLC bought a new stake in Dakota Gold in the third quarter valued at about $55,000. Intech Investment Management LLC lifted its position in shares of Dakota Gold by 200.7% during the 4th quarter. Intech Investment Management LLC now owns 30,369 shares of the company's stock worth $67,000 after buying an additional 20,270 shares during the period. SG Americas Securities LLC boosted its stake in Dakota Gold by 48.3% in the 4th quarter. SG Americas Securities LLC now owns 34,469 shares of the company's stock valued at $76,000 after buying an additional 11,229 shares in the last quarter. Symmetry Partners LLC acquired a new position in Dakota Gold during the fourth quarter worth $82,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Dakota Gold by 28.0% during the fourth quarter. Wells Fargo & Company MN now owns 51,129 shares of the company's stock valued at $112,000 after acquiring an additional 11,185 shares during the period. 37.41% of the stock is currently owned by institutional investors.

Dakota Gold Price Performance

Shares of DC traded up $0.05 on Friday, hitting $2.82. The company's stock had a trading volume of 485,355 shares, compared to its average volume of 326,690. The company has a 50 day moving average price of $2.92 and a 200 day moving average price of $2.50. Dakota Gold Corp. has a fifty-two week low of $1.84 and a fifty-two week high of $3.50. The company has a market capitalization of $280.53 million, a PE ratio of -6.88 and a beta of 1.00.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their target price on shares of Dakota Gold from $6.00 to $7.50 and gave the stock an "outperform" rating in a research report on Monday, February 10th.

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.