Dakota Gold FY2026 EPS Estimate Lowered by HC Wainwright

Key Points

• HC Wainwright cut its FY2026 EPS estimate for Dakota Gold to ($0.34) from ($0.24) but retained a Buy rating and a $10.50 price target.
• Dakota Gold shares opened at $5.74, trading down about 4.5%, and the company reported recent insider sales by the CFO and VP (insiders now own 17.4%), with a market cap of $766.4M and a 1‑year range of $2.62–$7.25.

Dakota Gold Corp. (NYSE:DC - Free Report) - HC Wainwright cut their FY2026 earnings per share estimates for shares of Dakota Gold in a research note issued to investors on Wednesday, April 22nd. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.34) per share for the year, down from their previous forecast of ($0.24). HC Wainwright currently has a "Buy" rating and a $10.50 price objective on the stock.

DC has been the subject of a number of other research reports. Zacks Research upgraded shares of Dakota Gold to a "hold" rating in a research note on Tuesday, January 6th. Scotiabank initiated coverage on Dakota Gold in a report on Monday, February 23rd. They set a "sector outperform" rating and a $10.00 price target for the company. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $10.38.

Dakota Gold Trading Down 4.5%

Shares of DC opened at $5.74 on Friday. The company's fifty day simple moving average is $5.67 and its 200 day simple moving average is $5.41. Dakota Gold has a 1-year low of $2.62 and a 1-year high of $7.25. The company has a market cap of $766.39 million, a price-to-earnings ratio of -14.00 and a beta of 1.20.

Insider Buying and Selling

In other Dakota Gold news, CFO Shawn Campbell sold 21,207 shares of the company's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $7.02, for a total value of $148,873.14. Following the transaction, the chief financial officer directly owned 231,526 shares of the company's stock, valued at $1,625,312.52. This represents a 8.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP James Mccoy Berry sold 12,388 shares of Dakota Gold stock in a transaction on Friday, February 27th. The stock was sold at an average price of $7.02, for a total value of $86,963.76. Following the sale, the vice president directly owned 371,748 shares of the company's stock, valued at $2,609,670.96. This represents a 3.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 17.40% of the company's stock.

Institutional Trading of Dakota Gold

A number of institutional investors have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC raised its position in shares of Dakota Gold by 105.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,203 shares of the company's stock valued at $41,000 after buying an additional 3,703 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Dakota Gold by 120.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 8,309 shares of the company's stock valued at $31,000 after acquiring an additional 4,541 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of Dakota Gold during the 4th quarter valued at $55,000. Financial Engines Advisors L.L.C. acquired a new stake in shares of Dakota Gold during the 3rd quarter worth $46,000. Finally, Sherbrooke Park Advisers LLC bought a new position in shares of Dakota Gold in the third quarter worth $46,000. Institutional investors own 37.41% of the company's stock.

About Dakota Gold

Dakota Gold Corp NYSE: DC is a mineral exploration and development company focused on advancing gold projects within the United States. The company’s primary asset is the historic Homestake District in South Dakota’s Black Hills, where it seeks to redevelop gold-bearing tailings and low‐grade ore volumes for open‐pit heap leach processing. Dakota Gold pursues a staged approach, combining exploration, resource delineation and economic studies to unlock value from legacy mine materials.

The firm’s flagship property comprises sealed tailings impoundments and adjacent low‐grade stockpiles left over from the Homestake Gold Mine, which operated from 1876 until 2002.

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