Charles Schwab Investment Management Inc. Buys 15,081 Shares of Dakota Gold Corp. (NYSE:DC)

Charles Schwab Investment Management Inc. grew its stake in Dakota Gold Corp. (NYSE:DC) by 8.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 194,745 shares of the company’s stock after acquiring an additional 15,081 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Dakota Gold were worth $428,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SG Americas Securities LLC lifted its holdings in shares of Dakota Gold by 48.3% during the fourth quarter. SG Americas Securities LLC now owns 34,469 shares of the company’s stock valued at $76,000 after purchasing an additional 11,229 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Dakota Gold during the 3rd quarter valued at about $55,000. Vestcor Inc lifted its stake in shares of Dakota Gold by 2.9% in the 3rd quarter. Vestcor Inc now owns 1,029,495 shares of the company’s stock worth $2,430,000 after purchasing an additional 29,495 shares during the period. Van ECK Associates Corp boosted its stake in shares of Dakota Gold by 1.2% during the 4th quarter. Van ECK Associates Corp now owns 3,481,217 shares of the company’s stock worth $7,659,000 after acquiring an additional 39,581 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Dakota Gold by 4.4% during the third quarter. Geode Capital Management LLC now owns 1,458,553 shares of the company’s stock valued at $3,443,000 after purchasing an additional 60,918 shares in the last quarter. 37.41% of the stock is currently owned by institutional investors.

Dakota Gold Price Performance

Dakota Gold stock opened at $2.65 on Tuesday. The stock has a market cap of $263.61 million, a P/E ratio of -6.46 and a beta of 0.95. The firm’s 50 day moving average price is $2.84 and its 200-day moving average price is $2.48. Dakota Gold Corp. has a 1 year low of $1.84 and a 1 year high of $3.50.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their price target on shares of Dakota Gold from $6.00 to $7.50 and gave the company an “outperform” rating in a report on Monday, February 10th.

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.