Barclays PLC Buys 69,896 Shares of Dakota Gold Corp. (NYSE:DC)

Barclays PLC grew its stake in Dakota Gold Corp. (NYSE:DC) by 294.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,667 shares of the company’s stock after acquiring an additional 69,896 shares during the quarter. Barclays PLC’s holdings in Dakota Gold were worth $222,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its holdings in shares of Dakota Gold by 15.3% during the second quarter. Renaissance Technologies LLC now owns 44,500 shares of the company’s stock valued at $113,000 after purchasing an additional 5,900 shares in the last quarter. SeaCrest Wealth Management LLC lifted its holdings in shares of Dakota Gold by 50.3% during the third quarter. SeaCrest Wealth Management LLC now owns 19,711 shares of the company’s stock valued at $47,000 after purchasing an additional 6,600 shares in the last quarter. Rhumbline Advisers increased its position in Dakota Gold by 17.3% during the second quarter. Rhumbline Advisers now owns 80,867 shares of the company’s stock valued at $206,000 after acquiring an additional 11,926 shares during the last quarter. Fourth Sail Capital LP increased its position in Dakota Gold by 0.3% during the second quarter. Fourth Sail Capital LP now owns 4,635,503 shares of the company’s stock valued at $11,542,000 after acquiring an additional 13,657 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Dakota Gold during the third quarter valued at $55,000. 37.41% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Robert Quartermain purchased 35,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was bought at an average cost of $2.16 per share, with a total value of $75,600.00. Following the completion of the purchase, the chief executive officer now owns 7,577,877 shares in the company, valued at approximately $16,368,214.32. This represents a 0.46 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders purchased a total of 85,946 shares of company stock worth $189,863 over the last quarter. 26.02% of the stock is currently owned by corporate insiders.

Dakota Gold Stock Performance

Dakota Gold stock opened at $2.31 on Tuesday. The stock has a market cap of $218.13 million, a PE ratio of -5.63 and a beta of 1.10. Dakota Gold Corp. has a one year low of $1.84 and a one year high of $3.25. The stock has a fifty day moving average of $2.24 and a 200 day moving average of $2.28.

Dakota Gold Company 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.