Dakota Gold Corp. (NYSE:DC) Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp increased its position in Dakota Gold Corp. (NYSE:DC - Free Report) by 16.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,441,636 shares of the company's stock after acquiring an additional 498,368 shares during the period. Van ECK Associates Corp owned approximately 3.91% of Dakota Gold worth $8,535,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DC. Bayshore Asset Management LLC purchased a new position in Dakota Gold in the third quarter valued at approximately $118,000. SeaCrest Wealth Management LLC increased 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 valued at $47,000 after acquiring an additional 6,600 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Dakota Gold during the 3rd quarter valued at approximately $55,000. Marshall Wace LLP bought a new position in Dakota Gold during the second quarter worth $666,000. Finally, Fourth Sail Capital LP boosted its holdings in Dakota Gold by 0.3% in the second quarter. Fourth Sail Capital LP now owns 4,635,503 shares of the company's stock worth $11,542,000 after purchasing an additional 13,657 shares during the period. 37.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets began coverage on shares of Dakota Gold in a research report on Friday, September 6th. They issued an "outperform" rating and a $6.00 price target on the stock.

Insider Transactions at Dakota Gold

In other Dakota Gold news, CEO Robert Quartermain purchased 20,000 shares of Dakota Gold stock in a transaction on Tuesday, November 5th. The stock was bought at an average price of $2.28 per share, for a total transaction of $45,600.00. Following the transaction, the chief executive officer now owns 7,522,877 shares of the company's stock, valued at $17,152,159.56. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 26.02% of the company's stock.

Dakota Gold Stock Up 1.6 %

Shares of Dakota Gold stock traded up $0.04 on Thursday, reaching $2.55. 134,942 shares of the company were exchanged, compared to its average volume of 225,521. Dakota Gold Corp. has a 1-year low of $1.84 and a 1-year high of $3.25. The company's 50-day moving average is $2.31 and its two-hundred day moving average is $2.43.

Dakota Gold (NYSE:DC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.10) earnings per share for the quarter.

Dakota Gold Profile

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.