Streetbeat News

Dakota Gold Corp.

https://www.dakotagoldcorp.com

Industry

Gold

Dakota Gold Corp. engages in the acquisition and exploration of mineral properties. It primarily explores for gold deposits. The company holds 100% interest in the Blind Gold, City Creek, Homestake Paleoplacer, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, and South Lead/Whistler Gulch projects located Homestake District, South Dakota. It also holds an option to acquire 100% interest in the Barrick Option and the Richmond Hill Option projects situated in Homestake District, South Dakota. Dakota Gold Corp. was incorporated in 2017 and is based in Lead, South Dakota.

Open

2.24

Mkt cap

210M

Volume

231K

High

2.26

P/E Ratio

-5.33

52-wk high

3.25

Low

2.19

Div yield

N/A

52-wk low

1.84

Precious metals stocks are experiencing a rise in share prices due to increased gold and silver prices. This surge is driven by macroeconomic uncertainties linked to the Middle East conflict and the upcoming US presidential election.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:33 pm

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.

Portfolio Pulse from Priya Nigam

September 06, 2024 | 4:26 pm

BMO Capital has initiated coverage on Dakota Gold with an Outperform rating and set a price target of $6. Analyst Andrew Mikitchook is optimistic about the company's prospects.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:29 am

Dakota Gold has announced a $6 million investment by OMF Fund IV SPV A LLC and OMF Fund IV SPV C LLC, entities managed by Orion Mine Finance Management LP.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 6:47 am

Dakota Gold (AMEX:DC) reported a Q4 EPS loss of $(0.11), marking a 15.38% improvement from the $(0.13) per share loss reported in the same quarter last year.

Portfolio Pulse from Benzinga Newsdesk

March 29, 2024 | 3:30 am

Insiders at AmeriServ Financial, Dakota Gold, and Galera Therapeutics have recently made significant stock purchases. AmeriServ Financial's Director acquired shares at $2.85 each after a Q4 loss. Dakota Gold's Director bought shares at $1.96 following positive drill results from the Richmond Hill Gold Project. Galera Therapeutics' 10% owner purchased shares at $0.18 after a narrower-than-expected Q3 loss. These transactions may indicate insider confidence in the companies' prospects.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 12:10 pm

Nucor Corporation plans to build a $860 million rebar micro mill in the Pacific Northwest, aiming to maintain leadership in the steel bar market. Gatos Silver reported increased silver production and financial growth in Q4 2023, despite a revenue fall. Dakota Gold Corp. announced promising drill assays at the Richmond Hill Gold Project, indicating potential for future resource expansion. Piedmont Lithium sold all shares of Sayona Mining, focusing on its joint venture and offtake agreement with Sayona Quebec to supply lithium resources for the U.S. electric vehicle supply chain.

Portfolio Pulse from Austin DeNoce

February 21, 2024 | 8:33 pm

Dakota Gold Corp. (NYSE:DC) announced positive results from 12 additional drill holes at the Richmond Hill Gold Project in South Dakota, expanding mineralization in new areas and confirming historical resources. The results include significant findings such as 0.050 oz/ton gold over 140.5 ft, indicating a large block of previously unidentified mineralization.

Portfolio Pulse from Charles Gross

February 21, 2024 | 11:28 am

Morgan Stanley downgraded United States Steel Corporation (X) and Cleveland-Cliffs (CLF), adjusting their price targets. Cleveland-Cliffs announced the indefinite idling of its tinplate production plant in West Virginia due to tariff issues, affecting 900 employees. Reliance Steel & Aluminum Co. (RS), now Reliance Inc., reported strong financial results for 2023, announced acquisitions, and increased its dividend. Hecla Mining Company (HL) reported significant silver reserves and sales, operational improvements, and strong safety performance. Dakota Gold Corp. (DC) saw a significant share purchase by Director Robert Quartermain.

Portfolio Pulse from Austin DeNoce

February 15, 2024 | 8:38 pm

Insiders at Dakota Gold, Lumen Technologies, and Orgenesis have recently made significant stock purchases. Lumen Technologies reported better-than-expected Q4 results. Dakota Gold's stock has fallen about 33% in the past six months, while Orgenesis has entered into an agreement to acquire a stake in Octomera.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 11:57 am

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