FY2026 EPS Estimates for Dakota Gold Increased by Analyst

Dakota Gold Corp. (NYSE:DC) – Investment analysts at HC Wainwright increased their FY2026 EPS estimates for shares of Dakota Gold in a research report issued on Thursday, July 16th. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($0.30) per share for the year, up from their prior estimate of ($0.34). HC Wainwright currently has a “Buy” rating and a $10.75 price target on the stock.

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

Dakota Gold Trading Up 7.5%

Dakota Gold stock opened at $4.47 on Monday. Dakota Gold has a 1-year low of $3.60 and a 1-year high of $7.25. The firm has a market capitalization of $598.66 million, a price-to-earnings ratio of -10.90 and a beta of 1.20. The firm has a 50 day simple moving average of $4.91 and a 200 day simple moving average of $5.51.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets increased its holdings in shares of Dakota Gold by 120.5% in the second quarter. BNP Paribas Financial Markets now owns 8,309 shares of the company’s stock worth $31,000 after purchasing an additional 4,541 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Dakota Gold by 105.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,203 shares of the company’s stock valued at $41,000 after buying an additional 3,703 shares during the period. Financial Engines Advisors L.L.C. bought a new stake in Dakota Gold during the third quarter valued at $46,000. Sherbrooke Park Advisers LLC purchased a new position in Dakota Gold during the third quarter worth about $46,000. Finally, Banque Cantonale Vaudoise purchased a new position in Dakota Gold during the third quarter worth about $46,000. 37.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Dakota Gold

In other news, Director Todd J. Kenner purchased 17,921 shares of the stock in a transaction dated 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 $100,357.60. This represents a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jennifer S. Grafton sold 15,511 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.56, for a total transaction of $86,241.16. Following the transaction, the director directly owned 144,560 shares of the company’s stock, valued at approximately $803,753.60. This represents a 9.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 8.50% 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.