Vestcor Inc Raises Holdings in Dakota Gold Corp. (NYSE:DC)

Vestcor Inc boosted its position in Dakota Gold Corp. (NYSE:DC) by 7.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,107,630 shares of the company’s stock after acquiring an additional 78,135 shares during the period. Vestcor Inc owned 1.17% of Dakota Gold worth $2,437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Virtu Financial LLC purchased a new stake in shares of Dakota Gold during the third quarter worth $55,000. Pitcairn Co. bought a new stake in shares of Dakota Gold during the 3rd quarter valued at $71,000. SG Americas Securities LLC lifted its holdings in Dakota Gold by 48.3% during the 4th quarter. SG Americas Securities LLC now owns 34,469 shares of the company’s stock worth $76,000 after purchasing an additional 11,229 shares in the last quarter. ORG Wealth Partners LLC bought a new position in Dakota Gold in the 4th quarter worth about $202,000. Finally, Barclays PLC grew its holdings in Dakota Gold by 294.0% during the 3rd quarter. Barclays PLC now owns 93,667 shares of the company’s stock valued at $222,000 after buying an additional 69,896 shares in the last quarter. 37.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Dakota Gold Price Performance

DC opened at $3.18 on Friday. Dakota Gold Corp. has a one year low of $1.84 and a one year high of $3.50. The firm has a market capitalization of $300.29 million, a P/E ratio of -7.76 and a beta of 0.95. The company has a fifty day moving average price of $2.73 and a 200-day moving average price of $2.43.

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.