Brokers Set Expectations for Dakota Gold FY2025 Earnings

Dakota Gold Corp. (NYSE:DC) – Equities research analysts at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for Dakota Gold in a research note issued on Monday, January 26th. HC Wainwright analyst H. Ihle expects that the company will earn ($0.25) per share for the year. HC Wainwright has a “Buy” rating and a $9.75 price target on the stock. HC Wainwright also issued estimates for Dakota Gold’s FY2026 earnings at ($0.24) EPS.

Separately, Zacks Research raised Dakota Gold to a “hold” rating in a report on Tuesday, January 6th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $10.25.

Dakota Gold Price Performance

Shares of DC opened at $6.66 on Wednesday. Dakota Gold has a 1 year low of $2.21 and a 1 year high of $7.25. The stock’s fifty day moving average price is $5.72 and its two-hundred day moving average price is $4.79. The firm has a market cap of $754.32 million, a PE ratio of -16.24 and a beta of 1.08.

Hedge Funds Weigh In On Dakota Gold

Hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in Dakota Gold by 87.7% during the 1st quarter. AQR Capital Management LLC now owns 31,293 shares of the company’s stock worth $83,000 after acquiring an additional 14,617 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Dakota Gold by 4.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 210,091 shares of the company’s stock valued at $557,000 after purchasing an additional 8,249 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Dakota Gold by 14.9% in the first quarter. Jane Street Group LLC now owns 58,867 shares of the company’s stock worth $156,000 after purchasing an additional 7,626 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Dakota Gold in the first quarter worth $87,000. Finally, Abacus Planning Group Inc. bought a new stake in Dakota Gold during the second quarter valued at $148,000. Hedge funds and other institutional investors own 37.41% of the company’s stock.

Insiders Place Their Bets

In other Dakota Gold news, CEO Robert Quartermain sold 250,000 shares of Dakota Gold stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $6.88, for a total transaction of $1,720,000.00. Following the completion of the transaction, the chief executive officer owned 7,493,244 shares of the company’s stock, valued at $51,553,518.72. The trade was a 3.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Shawn Campbell sold 55,000 shares of the company’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $6.30, for a total value of $346,500.00. Following the sale, the chief financial officer owned 179,491 shares in the company, valued at approximately $1,130,793.30. This represents a 23.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 26.02% of the company’s stock.

About Dakota Gold

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.

The 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.