Dakota Gold Corp (AMEX: DC) is 66.36% higher on its value in year-to-date trading and has touched a low of $1.84 and a high of $3.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DC stock was last observed hovering at around $3.35 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $3.66, the stock is 21.70% and 29.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing 9.25% at the moment leaves the stock 44.09% off its SMA200. DC registered 24.07% gain for a year compared to 6-month gain of 62.67%. The firm has a 50-day simple moving average (SMA 50) of $2.8332 and a 200-day simple moving average (SMA200) of $2.5401.
The stock witnessed a 31.65% loss in the last 1 month and extending the period to 3 months gives it a 16.93%, and is 16.56% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.90% over the week and 4.06% over the month.
Dakota Gold Corp (DC) has around 41 employees, a market worth around $409.52M and $0.00M in sales. Distance from 52-week low is 98.91% and 4.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.20%).
145.0 institutions hold shares in Dakota Gold Corp (DC), with institutional investors hold 51.72% of the company’s shares. The shares outstanding are 111.88M, and float is at 76.06M with Short Float at 2.15%. Institutions hold 45.26% of the Float.
The top institutional shareholder in the company is ORION RESOURCE PARTNERS LP with over 9.01 million shares valued at $$22.98 million. The investor’s holdings represent 10.253 of the DC Shares outstanding. As of 2024-06-30, the second largest holder is FOURTH SAIL CAPITAL LP with 4.64 million shares valued at $$11.54 million to account for 5.2741 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.99 million shares representing 4.5368 and valued at over $$10.17 million, while VANGUARD GROUP INC holds 3.922 of the shares totaling 3.45 million with a market value of $$8.79 million.
Dakota Gold Corp (DC) Insider Activity
The most recent transaction is an insider purchase by QUARTERMAIN ROBERT, the company’s President and CEO. SEC filings show that QUARTERMAIN ROBERT bought 20,000 shares of the company’s common stock on Nov 20 ’24 at a price of $2.21 per share for a total of $44225.0. Following the purchase, the insider now owns 7.6 million shares.
Dakota Gold Corp disclosed in a document filed with the SEC on Nov 21 ’24 that QUARTERMAIN ROBERT (President and CEO) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $2.21 per share for $44155.0. Following the transaction, the insider now directly holds 7.62 million shares of the DC stock.
Still, SEC filings show that on Nov 20 ’24, ABERLE GERALD MICHAEL (Chief Operating Officer) acquired 4,490 shares at an average price of $2.17 for $9734.0. The insider now directly holds 4,357,009 shares of Dakota Gold Corp (DC).
