FY2026 EPS Estimates for Dakota Gold Lifted by HC Wainwright

Dakota Gold Corp. (NYSE:DC) – Stock analysts at HC Wainwright lifted their FY2026 earnings per share (EPS) estimates for shares of Dakota Gold in a research report issued to clients and investors on Thursday, July 16th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of ($0.30) per share for the year, up from their previous forecast of ($0.34). HC Wainwright has a “Buy” rating and a $10.75 price objective on the stock.

A number of other research firms also recently issued reports on DC. Canaccord Genuity Group boosted their target price on shares of Dakota Gold from $16.00 to $18.00 and gave the company a “speculative buy” rating in a report on Tuesday, May 26th. Canadian Imperial Bank of Commerce began coverage on shares of Dakota Gold in a research note on Tuesday, May 5th. They set an “outperform” rating and a $11.00 price target on the stock. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.44.

Dakota Gold Price Performance

Shares of DC stock opened at $4.17 on Monday. The firm has a market cap of $558.48 million, a P/E ratio of -10.17 and a beta of 1.20. Dakota Gold has a 1-year low of $3.60 and a 1-year high of $7.25. The firm’s 50-day simple moving average is $5.00 and its 200-day simple moving average is $5.53.

Insider Buying and Selling

In other news, Director Jennifer S. Grafton sold 15,511 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $5.56, for a total value of $86,241.16. Following the completion of the transaction, the director directly owned 144,560 shares in the company, valued at approximately $803,753.60. This represents a 9.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Todd J. Kenner purchased 17,921 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were purchased at an average cost of $5.60 per share, with a total value of $100,357.60. Following the completion of the acquisition, the director owned 17,921 shares in the company, valued at approximately $100,357.60. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 8.50% of the company’s stock.

Hedge Funds Weigh In On Dakota Gold

Institutional investors have recently added to or reduced their stakes in the company. Groupe la Francaise grew its stake in shares of Dakota Gold by 154.5% during the first quarter. Groupe la Francaise now owns 1,400,000 shares of the company’s stock valued at $7,041,000 after acquiring an additional 850,000 shares in the last quarter. Amundi lifted its stake in shares of Dakota Gold by 43.3% in the first quarter. Amundi now owns 2,150,000 shares of the company’s stock worth $10,858,000 after acquiring an additional 650,000 shares in the last quarter. Global Strategic Management Inc. purchased a new position in Dakota Gold in the fourth quarter valued at about $3,094,000. Royal Bank of Canada boosted its holdings in Dakota Gold by 704.6% in the first quarter. Royal Bank of Canada now owns 574,105 shares of the company’s stock valued at $2,899,000 after purchasing an additional 502,754 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in Dakota Gold during the 3rd quarter valued at approximately $2,224,000. Institutional investors and hedge funds own 37.41% 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.