Barclays PLC Raises Stake in Dakota Gold Corp. (NYSE:DC)

Barclays PLC boosted its position in Dakota Gold Corp. (NYSE:DC) by 294.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 93,667 shares of the company’s stock after purchasing an additional 69,896 shares during the period. Barclays PLC’s holdings in Dakota Gold were worth $222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DC. SeaCrest Wealth Management LLC boosted its stake in shares of Dakota Gold by 50.3% during the third quarter. SeaCrest Wealth Management LLC now owns 19,711 shares of the company’s stock valued at $47,000 after purchasing an additional 6,600 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Dakota Gold during the third quarter valued at approximately $55,000. Pitcairn Co. purchased a new stake in shares of Dakota Gold during the third quarter valued at approximately $71,000. Renaissance Technologies LLC boosted its stake in shares of Dakota Gold by 15.3% during the second quarter. Renaissance Technologies LLC now owns 44,500 shares of the company’s stock valued at $113,000 after purchasing an additional 5,900 shares during the period. Finally, Bayshore Asset Management LLC purchased a new stake in shares of Dakota Gold during the third quarter valued at approximately $118,000. Hedge funds and other institutional investors own 37.41% of the company’s stock.

Dakota Gold Stock Performance

NYSE:DC opened at $2.32 on Wednesday. The firm has a market cap of $219.08 million, a PE ratio of -5.66 and a beta of 1.10. The business has a 50 day moving average price of $2.22 and a 200-day moving average price of $2.27. Dakota Gold Corp. has a fifty-two week low of $1.84 and a fifty-two week high of $3.25.

Insider Activity at Dakota Gold

In other news, CEO Robert Quartermain acquired 35,000 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average price of $2.16 per share, for a total transaction of $75,600.00. Following the completion of the acquisition, the chief executive officer now owns 7,577,877 shares in the company, valued at $16,368,214.32. This trade represents a 0.46 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders acquired a total of 85,946 shares of company stock worth $189,863 over the last quarter. 26.02% of the stock is owned by corporate insiders.

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.