Dakota Gold Corp. (NYSE:DC) Holdings Boosted by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC raised its position in Dakota Gold Corp. (NYSE:DC) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 228,500 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. Bridgeway Capital Management LLC owned about 0.24% of Dakota Gold worth $503,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Euro Pacific Asset Management LLC increased its stake in shares of Dakota Gold by 186.0% in the fourth quarter. Euro Pacific Asset Management LLC now owns 1,113,290 shares of the company’s stock valued at $2,464,000 after purchasing an additional 723,970 shares during the period. SG Americas Securities LLC increased its stake in shares of Dakota Gold by 48.3% in 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 during the period. Van ECK Associates Corp increased its stake in shares of Dakota Gold by 1.2% in the fourth quarter. Van ECK Associates Corp now owns 3,481,217 shares of the company’s stock valued at $7,659,000 after purchasing an additional 39,581 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Dakota Gold by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 194,745 shares of the company’s stock valued at $428,000 after purchasing an additional 15,081 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Dakota Gold by 566.8% in the fourth quarter. Renaissance Technologies LLC now owns 556,107 shares of the company’s stock valued at $1,223,000 after purchasing an additional 472,707 shares during the period. Institutional investors and hedge funds own 37.41% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Dakota Gold Trading Up 12.0%

Shares of NYSE:DC opened at $3.08 on Monday. Dakota Gold Corp. has a 52 week low of $1.84 and a 52 week high of $3.50. The firm has a market capitalization of $306.39 million, a P/E ratio of -7.51 and a beta of 1.00. The firm’s 50 day moving average is $2.81 and its two-hundred day moving average is $2.56.

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.