Dakota Gold Corp. (NYSE:DC) Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp raised its stake in Dakota Gold Corp. (NYSE:DC - Free Report) by 14.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,484,366 shares of the company's stock after acquiring an additional 448,961 shares during the period. Van ECK Associates Corp owned approximately 4.02% of Dakota Gold worth $9,129,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Euro Pacific Asset Management LLC raised its holdings in shares of Dakota Gold by 43.5% during the third quarter. Euro Pacific Asset Management LLC now owns 286,376 shares of the company's stock valued at $742,000 after purchasing an additional 86,776 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Dakota Gold during the 3rd quarter valued at $32,000. Finally, Rathbones Group PLC purchased a new position in shares of Dakota Gold in the 3rd quarter worth $32,000. 37.41% of the stock is currently owned by institutional investors.

Dakota Gold Price Performance

Dakota Gold stock traded up $0.03 during mid-day trading on Friday, reaching $2.45. 89,415 shares of the stock traded hands, compared to its average volume of 195,623. The stock has a market capitalization of $214.87 million, a PE ratio of -5.21 and a beta of 1.12. Dakota Gold Corp. has a 12-month low of $1.95 and a 12-month high of $3.94. The business's 50-day moving average is $2.34 and its 200-day moving average is $2.44.

Dakota Gold (NYSE:DC - Get Free Report) last posted its quarterly earnings data on Thursday, March 28th. The company reported ($0.10) earnings per share (EPS) for the quarter.

Dakota Gold Profile

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.