Geode Capital Management LLC Acquires 60,918 Shares of Dakota Gold Corp. (NYSE:DC)

Geode Capital Management LLC grew its stake in shares of Dakota Gold Corp. (NYSE:DC) by 4.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,458,553 shares of the company’s stock after purchasing an additional 60,918 shares during the period. Geode Capital Management LLC’s holdings in Dakota Gold were worth $3,443,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SeaCrest Wealth Management LLC raised its holdings in shares of Dakota Gold by 50.3% in 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 during the last quarter. SG Americas Securities LLC purchased a new position in Dakota Gold during the third quarter worth about $55,000. Pitcairn Co. bought a new stake in Dakota Gold in the 3rd quarter worth about $71,000. Renaissance Technologies LLC increased its stake in Dakota Gold by 15.3% in the 2nd quarter. Renaissance Technologies LLC now owns 44,500 shares of the company’s stock valued at $113,000 after buying an additional 5,900 shares during the last quarter. Finally, Bayshore Asset Management LLC bought a new position in shares of Dakota Gold during the 3rd quarter worth approximately $118,000. 37.41% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Robert Quartermain purchased 35,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was bought at an average price of $2.16 per share, for a total transaction of $75,600.00. Following the purchase, the chief executive officer now directly owns 7,577,877 shares in the company, valued at approximately $16,368,214.32. This trade represents a 0.46 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have acquired 85,946 shares of company stock worth $189,863. 26.02% of the stock is owned by company insiders.

Dakota Gold Stock Down 2.1 %

Shares of NYSE DC opened at $2.31 on Tuesday. The company has a market capitalization of $218.13 million, a PE ratio of -5.63 and a beta of 1.10. The stock’s 50 day moving average price is $2.24 and its 200-day moving average price is $2.28. Dakota Gold Corp. has a twelve month low of $1.84 and a twelve month high of $3.25.

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.