American Century Companies Inc. acquired a new position in shares of Dakota Gold Corp. (NYSE:DC - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 63,674 shares of the company's stock, valued at approximately $169,000. American Century Companies Inc. owned 0.06% of Dakota Gold as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. Vestcor Inc raised its holdings in Dakota Gold by 36.5% in the first quarter. Vestcor Inc now owns 1,511,695 shares of the company's stock valued at $4,006,000 after acquiring an additional 404,065 shares in the last quarter. Trek Financial LLC raised its holdings in Dakota Gold by 853.7% in the first quarter. Trek Financial LLC now owns 1,225,045 shares of the company's stock valued at $3,246,000 after acquiring an additional 1,096,590 shares in the last quarter. Donald Smith & CO. Inc. raised its holdings in Dakota Gold by 254.1% in the first quarter. Donald Smith & CO. Inc. now owns 1,080,000 shares of the company's stock valued at $2,862,000 after acquiring an additional 775,000 shares in the last quarter. Northern Trust Corp raised its holdings in Dakota Gold by 3.8% in the fourth quarter. Northern Trust Corp now owns 573,540 shares of the company's stock valued at $1,262,000 after acquiring an additional 20,979 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Dakota Gold by 18.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 485,227 shares of the company's stock valued at $1,067,000 after acquiring an additional 76,177 shares in the last quarter. 37.41% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
DC has been the topic of several recent analyst reports. Canaccord Genuity Group set a $12.00 price target on shares of Dakota Gold in a report on Tuesday, June 3rd. BMO Capital Markets reissued an "outperform" rating and set a $9.00 target price (up from $7.50) on shares of Dakota Gold in a report on Thursday, July 10th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Dakota Gold has an average rating of "Buy" and an average target price of $10.50.
Check Out Our Latest Stock Report on DC
Dakota Gold Stock Performance
Shares of Dakota Gold stock traded up $0.30 during trading on Thursday, hitting $4.87. 1,968,500 shares of the stock were exchanged, compared to its average volume of 606,427. The stock's fifty day moving average is $4.08 and its 200 day moving average is $3.43. The stock has a market cap of $547.23 million, a PE ratio of -11.88 and a beta of 1.13. Dakota Gold Corp. has a 12 month low of $2.05 and a 12 month high of $5.15.
Dakota Gold Profile
(
Free Report)
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.
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