Investor’s Toolkit: Key Ratios for Assessing Dakota Gold Corp (DC)’s Performance

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Dakota Gold Corp (AMEX: DC) closed the day trading at $2.19 down -6.41% from the previous closing price of $2.34. In other words, the price has decreased by -$6.41 from its previous closing price. On the day, 0.63 million shares were traded. DC stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.11.

Ratios:

For a better understanding of DC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.74 and its Current Ratio is at 2.74. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 11 ’24 when Malone Patrick Shay sold 27,000 shares for $2.45 per share. The transaction valued at 66,150 led to the insider holds 228,846 shares of the business.

Berry James McCoy bought 20,000 shares of DC for $49,600 on Jun 21 ’24. The Vice-President of Exploration now owns 273,752 shares after completing the transaction at $2.48 per share. On Feb 22 ’24, another insider, SCHROEDER ALICE D., who serves as the Director of the company, bought 7,410 shares for $1.96 each. As a result, the insider paid 14,521 and bolstered with 256,179 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DC now has a Market Capitalization of 205120864 and an Enterprise Value of 189204816.

Stock Price History:

Over the past 52 weeks, DC has reached a high of $3.25, while it has fallen to a 52-week low of $1.84. The 50-Day Moving Average of the stock is -4.99%, while the 200-Day Moving Average is calculated to be -7.66%.

Shares Statistics:

Over the past 3-months, DC traded about 214.44K shares per day on average, while over the past 10 days, DC traded about 300050 shares per day. A total of 86.74M shares are outstanding, with a floating share count of 71.90M. Insiders hold about 23.24% of the company’s shares, while institutions hold 31.62% stake in the company. Shares short for DC as of 1728950400 were 1296205 with a Short Ratio of 6.04, compared to 1726185600 on 1129319. Therefore, it implies a Short% of Shares Outstanding of 1296205 and a Short% of Float of 1.7399999999999998.

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