Why This Dakota Gold Analyst Believes JB Gold Zone Will Be The 'Main Valuation Driver'
Portfolio Pulse from Priya Nigam
Dakota Gold Corp (NYSE:DC) shares declined after a positive analyst rating from BMO Capital Markets. Analyst Andrew Mikitchook initiated coverage with an Outperform rating and a $6 price target, citing the JB Gold Zone's potential as a main valuation driver due to its proximity to the Homestake mine.
September 06, 2024 | 4:26 pm
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Dakota Gold Corp received an Outperform rating from BMO Capital Markets with a $6 price target. The JB Gold Zone is seen as a key valuation driver due to its proximity to the Homestake mine.
The analyst's Outperform rating and $6 price target suggest a positive outlook for Dakota Gold, particularly due to the potential of the JB Gold Zone. This could attract investor interest and positively impact the stock price in the short term.
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