The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Dakota Gold Corp’s stock clocked out at $3.03, down -2.57% from its previous closing price of $3.11. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
To gain a deeper understanding of DC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on September 06, 2024, initiated with a Outperform rating and assigned the stock a target price of $6.
On September 12, 2022, Canaccord Genuity started tracking the stock assigning a Speculative Buy rating and target price of $5.25.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when QUARTERMAIN ROBERT bought 20,000 shares for $2.21 per share. The transaction valued at 44,225 led to the insider holds 7,597,877 shares of the business.
QUARTERMAIN ROBERT bought 20,000 shares of DC for $44,155 on Nov 21 ’24. The President and CEO now owns 7,617,877 shares after completing the transaction at $2.21 per share. On Nov 20 ’24, another insider, ABERLE GERALD MICHAEL, who serves as the Chief Operating Officer of the company, bought 4,490 shares for $2.17 each. As a result, the insider paid 9,734 and bolstered with 4,357,009 shares of the company.
Stock Price History:
Over the past 52 weeks, DC has reached a high of $3.50, while it has fallen to a 52-week low of $1.84. The 50-Day Moving Average of the stock is 21.56%, while the 200-Day Moving Average is calculated to be 25.36%.
Shares Statistics:
A total of 93.72M shares are outstanding, with a floating share count of 65.68M. Insiders hold about 30.45% of the company’s shares, while institutions hold 32.32% stake in the company.
