Stock Market Recap: Dakota Gold Corp (DC) Concludes at 2.70, a -1.82 Surge/Decline

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After finishing at $2.75 in the prior trading day, Dakota Gold Corp (AMEX: DC) closed at $2.70, down -1.82%. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 0.66 million shares were traded. DC stock price reached its highest trading level at $2.77 during the session, while it also had its lowest trading level at $2.7.

Ratios:

Our goal is to gain a better understanding of DC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.62 and its Current Ratio is at 3.62. In the meantime, Its Debt-to-Equity ratio is 0.01 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 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.

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 307662304 and an Enterprise Value of 259506160.

Stock Price History:

The Beta on a monthly basis for DC is 1.00, which has changed by 0.11570251 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. 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 -6.25%, while the 200-Day Moving Average is calculated to be 10.06%.

Shares Statistics:

The stock has traded on average 583.25K shares per day over the past 3-months and 504020 shares per day over the last 10 days, according to various share statistics. A total of 95.57M shares are outstanding, with a floating share count of 76.87M. Insiders hold about 31.29% of the company’s shares, while institutions hold 27.93% stake in the company. Shares short for DC as of 1744675200 were 1643333 with a Short Ratio of 2.82, compared to 1741910400 on 1689986. Therefore, it implies a Short% of Shares Outstanding of 1643333 and a Short% of Float of 1.68.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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