Dakota Gold (NYSE:DC) Trading 1.2% Higher

Dakota Gold Corp. (NYSE:DC) rose 1.2% during mid-day trading on Monday . The company traded as high as $2.50 and last traded at $2.47. Approximately 297,505 shares changed hands during trading, an increase of 66% from the average daily volume of 178,731 shares. The stock had previously closed at $2.44.

Dakota Gold Stock Up 1.2 %

The firm’s fifty day moving average is $2.64 and its 200 day moving average is $2.91.

Institutional Investors Weigh In On Dakota Gold

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DC. Tower Research Capital LLC TRC increased its holdings in Dakota Gold by 237.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 9,707 shares of the company’s stock valued at $30,000 after purchasing an additional 6,831 shares during the last quarter. BlackRock Inc. increased its holdings in Dakota Gold by 32.0% during the 3rd quarter. BlackRock Inc. now owns 2,840,979 shares of the company’s stock worth $8,666,000 after purchasing an additional 689,258 shares during the period. Bank of New York Mellon Corp lifted its stake in Dakota Gold by 30.7% in the third quarter. Bank of New York Mellon Corp now owns 145,170 shares of the company’s stock worth $443,000 after acquiring an additional 34,108 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Dakota Gold by 44.8% during the third quarter. Vanguard Group Inc. now owns 2,417,492 shares of the company’s stock worth $7,373,000 after purchasing an additional 748,405 shares in the last quarter. Finally, State Street Corp lifted its stake in Dakota Gold by 37.5% during the third quarter. State Street Corp now owns 464,170 shares of the company’s stock worth $1,416,000 after purchasing an additional 126,691 shares during the last quarter. Institutional investors and hedge funds own 25.71% of the company’s stock.

About Dakota Gold

Dakota Gold Corp. engages in the acquisition, exploration, and development of mineral properties. 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, and Cambrian Unconformity Properties located Homestake Mining District, South Dakota.