Dakota Gold Corp. (NYSE:DC) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC increased its holdings in Dakota Gold Corp. (NYSE:DC - Free Report) by 566.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 556,107 shares of the company's stock after buying an additional 472,707 shares during the quarter. Renaissance Technologies LLC owned about 0.59% of Dakota Gold worth $1,223,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DC. Virtu Financial LLC acquired a new position in shares of Dakota Gold during the 3rd quarter worth approximately $55,000. Intech Investment Management LLC lifted its stake in Dakota Gold by 200.7% during the fourth quarter. Intech Investment Management LLC now owns 30,369 shares of the company's stock worth $67,000 after purchasing an additional 20,270 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Dakota Gold by 48.3% during the 4th quarter. SG Americas Securities LLC now owns 34,469 shares of the company's stock valued at $76,000 after acquiring an additional 11,229 shares during the period. Symmetry Partners LLC acquired a new position in shares of Dakota Gold in the fourth quarter valued at approximately $82,000. Finally, Wells Fargo & Company MN increased its position in shares of Dakota Gold by 28.0% during the fourth quarter. Wells Fargo & Company MN now owns 51,129 shares of the company's stock worth $112,000 after acquiring an additional 11,185 shares during the period. 37.41% of the stock is currently owned by institutional investors and hedge funds.

Dakota Gold Price Performance

Shares of DC stock traded up $0.05 during midday trading on Monday, hitting $2.68. The company had a trading volume of 83,306 shares, compared to its average volume of 495,216. Dakota Gold Corp. has a 52-week low of $1.84 and a 52-week high of $3.50. The stock has a market cap of $266.60 million, a price-to-earnings ratio of -6.53 and a beta of 1.00. The company's 50 day simple moving average is $2.82 and its 200 day simple moving average is $2.55.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their price objective on Dakota Gold from $6.00 to $7.50 and gave the stock an "outperform" rating in a research report on Monday, February 10th.

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.