Dakota Gold Corp. (NYSE:DC) Insider Buys $49,600.00 in Stock

Dakota Gold Corp. (NYSE:DC) insider James Mccoy Berry acquired 20,000 shares of Dakota Gold stock in a transaction that occurred on Friday, June 21st. The stock was acquired at an average cost of $2.48 per share, with a total value of $49,600.00. Following the completion of the purchase, the insider now owns 273,752 shares in the company, valued at approximately $678,904.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Dakota Gold Price Performance

Shares of DC stock opened at $2.45 on Tuesday. Dakota Gold Corp. has a fifty-two week low of $1.95 and a fifty-two week high of $3.25. The stock’s 50-day moving average is $2.69 and its two-hundred day moving average is $2.45. The firm has a market cap of $214.45 million, a P/E ratio of -5.56 and a beta of 1.16.

Dakota Gold (NYSE:DC) last issued its earnings results on Friday, May 10th. The company reported ($0.10) earnings per share for the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Rathbones Group PLC acquired a new position in shares of Dakota Gold during the 3rd quarter valued at about $32,000. SG Americas Securities LLC increased its holdings in shares of Dakota Gold by 55.0% during the 4th quarter. SG Americas Securities LLC now owns 19,415 shares of the company’s stock valued at $51,000 after acquiring an additional 6,889 shares during the last quarter. Euro Pacific Asset Management LLC increased its holdings in shares of Dakota Gold by 6.1% during the 4th quarter. Euro Pacific Asset Management LLC now owns 303,849 shares of the company’s stock valued at $795,000 after acquiring an additional 17,473 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Dakota Gold by 14.8% during the 4th quarter. Van ECK Associates Corp now owns 3,484,366 shares of the company’s stock valued at $9,129,000 after acquiring an additional 448,961 shares during the last quarter. Finally, Orion Resource Partners USA LP acquired a new position in shares of Dakota Gold during the 4th quarter valued at about $17,467,000. 37.41% of the stock is owned by institutional investors and hedge funds.

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.