Virtu Financial LLC Takes $55,000 Position in Dakota Gold Corp. (NYSE:DC)

Virtu Financial LLC purchased a new stake in shares of Dakota Gold Corp. (NYSE:DC) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,336 shares of the company’s stock, valued at approximately $55,000.

Other large investors have also recently bought and sold shares of the company. SeaCrest Wealth Management LLC increased its stake in shares of Dakota Gold by 50.3% in the third quarter. SeaCrest Wealth Management LLC now owns 19,711 shares of the company’s stock worth $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 about $55,000. Pitcairn Co. acquired a new stake in shares of Dakota Gold during the 3rd quarter valued at about $71,000. Renaissance Technologies LLC grew its stake in shares of Dakota Gold by 15.3% in the 2nd quarter. Renaissance Technologies LLC now owns 44,500 shares of the company’s stock valued at $113,000 after buying an additional 5,900 shares in the last quarter. Finally, Strategy Asset Managers LLC increased its holdings in Dakota Gold by 141.6% in the second quarter. Strategy Asset Managers LLC now owns 45,900 shares of the company’s stock worth $117,000 after buying an additional 26,900 shares during the last quarter. 37.41% of the stock is owned by institutional investors and hedge funds.

Dakota Gold Stock Performance

NYSE:DC opened at $2.16 on Friday. The firm’s 50-day moving average is $2.27 and its 200-day moving average is $2.31. Dakota Gold Corp. has a 52-week low of $1.84 and a 52-week high of $3.25. The company has a market cap of $203.97 million, a price-to-earnings ratio of -5.27 and a beta of 1.11.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, CEO Robert Quartermain purchased 35,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was purchased at an average cost of $2.16 per share, with a total value of $75,600.00. Following the acquisition, the chief executive officer now directly owns 7,577,877 shares of the company’s stock, valued at approximately $16,368,214.32. This trade represents a 0.46 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders bought a total of 85,946 shares of company stock valued at $189,863 over the last ninety days. 26.02% of the stock is owned by company 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.