Dakota Gold Corp. (NYSE:DC) CEO Robert Quartermain Purchases 20,000 Shares

Dakota Gold Corp. (NYSE:DC) CEO Robert Quartermain bought 20,000 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was bought at an average price of $2.21 per share, with a total value of $44,200.00. Following the purchase, the chief executive officer now owns 7,617,877 shares in the company, valued at $16,835,508.17. This trade represents a 0.26 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Robert Quartermain also recently made the following trade(s):

• On Tuesday, November 19th, Robert Quartermain bought 35,000 shares of Dakota Gold stock. The stock was bought at an average price of $2.16 per share, with a total value of $75,600.00.
• On Tuesday, November 5th, Robert Quartermain bought 20,000 shares of Dakota Gold stock. The stock was bought at an average price of $2.28 per share, with a total value of $45,600.00.

Dakota Gold Price Performance

Shares of NYSE DC opened at $2.24 on Friday. Dakota Gold Corp. has a 1-year low of $1.84 and a 1-year high of $3.25. The stock’s 50-day moving average is $2.31 and its 200 day moving average is $2.41.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets started coverage on Dakota Gold in a research report on Friday, September 6th. They set an “outperform” rating and a $6.00 price target for the company.

Hedge Funds Weigh In On Dakota Gold

Large investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its stake in Dakota Gold by 28.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,562 shares of the company’s stock worth $37,000 after purchasing an additional 3,437 shares during the period. Corundum Trust Company INC purchased a new position in Dakota Gold in the 2nd quarter worth approximately $38,000. Virtu Financial LLC purchased a new position in Dakota Gold in the 1st quarter worth approximately $42,000. SeaCrest Wealth Management LLC increased its stake in 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 purchasing an additional 6,600 shares during the period. Finally, SG Americas Securities LLC purchased a new position in Dakota Gold in the 3rd quarter worth approximately $55,000. 37.41% of the stock is owned by hedge funds and other institutional investors.

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.