Gerald Michael Aberle Purchases 6,456 Shares of Dakota Gold Corp. (NYSE:DC) Stock

Dakota Gold Corp. (NYSE:DC) COO Gerald Michael Aberle purchased 6,456 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was bought at an average cost of $2.28 per share, with a total value of $14,719.68. Following the acquisition, the chief operating officer now owns 4,352,519 shares in the company, valued at $9,923,743.32. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Dakota Gold Price Performance

Shares of NYSE DC traded down $0.06 during trading hours on Tuesday, hitting $2.24. 515,382 shares of the stock were exchanged, compared to its average volume of 227,725. Dakota Gold Corp. has a one year low of $1.84 and a one year high of $3.25. The company’s 50 day moving average is $2.32 and its 200 day moving average is $2.43. The firm has a market capitalization of $209.80 million, a P/E ratio of -5.65 and a beta of 1.12.

Dakota Gold (NYSE:DC) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.10) EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets assumed coverage on Dakota Gold in a report on Friday, September 6th. They issued an “outperform” rating and a $6.00 price objective on the stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Dakota Gold by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 2,866,104 shares of the company’s stock worth $6,793,000 after acquiring an additional 100,799 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Dakota Gold by 28.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 15,562 shares of the company’s stock worth $37,000 after acquiring an additional 3,437 shares during the period. Virtu Financial LLC acquired a new position in shares of Dakota Gold in the 1st quarter valued at $42,000. Corundum Trust Company INC purchased a new stake in shares of Dakota Gold during the second quarter worth approximately $38,000. Finally, Bank of New York Mellon Corp increased its stake in Dakota Gold by 32.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 194,347 shares of the company’s stock valued at $496,000 after purchasing an additional 47,172 shares in the last quarter. 37.41% of the stock is owned by 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.