Dakota Gold (NYSE:DC) Coverage Initiated by Analysts at HC Wainwright

Equities researchers at HC Wainwright started coverage on shares of Dakota Gold (NYSE:DC - Get Free Report) in a research report issued on Monday. The brokerage set a "buy" rating and a $9.75 price target on the stock. HC Wainwright's price target would indicate a potential upside of 73.03% from the company's current price.Dakota Gold Stock PerformanceDon’t Miss These 3 Hidden Aerospace Gems Before They Take OffDC traded up $0.16 during trading on Monday, hitting $5.64. The stock had a trading volume of 546,261 shares, compared to its average volume of 804,558. Dakota Gold has a twelve month low of $2.21 and a twelve month high of $6.25. The firm has a market capitalization of $638.23 million, a P/E ratio of -13.74 and a beta of 1.08. The company's 50-day moving average price is $4.89 and its 200 day moving average price is $4.48. Insider Transactions at Dakota GoldIn other Dakota Gold news, Director Stephen T. O'rourke sold 50,000 shares of Dakota Gold stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $4.66, for a total value of $233,000.00. Following the completion of the sale, the director directly owned 918,199 shares in the company, valued at $4,278,807.34. The trade was a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 17.40% of the company's stock. Institutional Investors Weigh In On Dakota GoldTop 3 Aerospace and Defense Stocks Flying Under the RadarHedge funds and other institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC raised its stake in Dakota Gold by 109.8% in the second quarter. Nisa Investment Advisors LLC now owns 7,070 shares of the company's stock valued at $26,000 after buying an additional 3,700 shares during the period. BNP Paribas Financial Markets raised its stake in Dakota Gold by 120.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 8,309 shares of the company's stock worth $31,000 after purchasing an additional 4,541 shares in the last quarter. Ameritas Investment Partners Inc. boosted its holdings in Dakota Gold by 130.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,788 shares of the company's stock valued at $32,000 after purchasing an additional 4,978 shares during the period. GSA Capital Partners LLP acquired a new position in shares of Dakota Gold during the 3rd quarter worth approximately $46,000. Finally, Financial Engines Advisors L.L.C. acquired a new position in shares of Dakota Gold during the 3rd quarter worth approximately $46,000. 37.41% of the stock is owned by institutional investors and hedge funds. About Dakota Gold (Get Free Report)Dakota Gold Corp NYSE: DC is a mineral exploration and development company focused on advancing gold projects within the United States. The company’s primary asset is the historic Homestake District in South Dakota’s Black Hills, where it seeks to redevelop gold-bearing tailings and low‐grade ore volumes for open‐pit heap leach processing. Dakota Gold pursues a staged approach, combining exploration, resource delineation and economic studies to unlock value from legacy mine materials. Analysts Have "Buy" Rating On This Mid-Cap Dividend AchieverThe firm’s flagship property comprises sealed tailings impoundments and adjacent low‐grade stockpiles left over from the Homestake Gold Mine, which operated from 1876 until 2002.See AlsoFive stocks we like better than Dakota GoldElon Taking SpaceX Public! $100 Pre-IPO Opportunity!Do not delete, read immediatelyThe $100 Trillion AI Story No One Is Telling YouThis stock gets a 94 out of 100The Crash Has Already Started (Most Just Don’t See It Yet)This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Dakota Gold Right Now?Before you consider Dakota Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dakota Gold wasn't on the list.While Dakota Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here