Dakota Gold FY2026 EPS Estimate Decreased by HC Wainwright

Dakota Gold Corp. (NYSE:DC) – HC Wainwright decreased their FY2026 EPS estimates for shares of Dakota Gold in a research note issued to investors on Wednesday, April 22nd. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of ($0.34) for the year, down from their previous estimate of ($0.24). HC Wainwright currently has a “Buy” rating and a $10.50 price target on the stock.

Several other brokerages also recently commented on DC. Scotiabank began coverage on Dakota Gold in a research note on Monday, February 23rd. They set a “sector outperform” rating and a $10.00 target price for the company. Zacks Research raised Dakota Gold to a “hold” rating in a research note on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $10.38.

Dakota Gold Price Performance

Shares of DC opened at $5.74 on Friday. The firm has a 50 day simple moving average of $5.67 and a two-hundred day simple moving average of $5.41. The company has a market cap of $766.39 million, a P/E ratio of -14.00 and a beta of 1.20. Dakota Gold has a one year low of $2.62 and a one year high of $7.25.

Insiders Place Their Bets

In related news, VP James Mccoy Berry sold 12,388 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $7.02, for a total transaction of $86,963.76. Following the sale, the vice president owned 371,748 shares in the company, valued at $2,609,670.96. This represents a 3.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Shawn Campbell sold 21,207 shares of Dakota Gold stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $7.02, for a total value of $148,873.14. Following the completion of the sale, the chief financial officer owned 231,526 shares of the company’s stock, valued at approximately $1,625,312.52. The trade was a 8.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 17.40% of the company’s stock.

Institutional Investors Weigh In On Dakota Gold

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in Dakota Gold by 87.7% during the 1st quarter. AQR Capital Management LLC now owns 31,293 shares of the company’s stock worth $83,000 after buying an additional 14,617 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Dakota Gold by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 210,091 shares of the company’s stock worth $557,000 after acquiring an additional 8,249 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Dakota Gold by 14.9% in the 1st quarter. Jane Street Group LLC now owns 58,867 shares of the company’s stock worth $156,000 after acquiring an additional 7,626 shares during the last quarter. Acadian Asset Management LLC bought a new position in Dakota Gold in the 1st quarter valued at about $87,000. Finally, Rhumbline Advisers boosted its stake in Dakota Gold by 96.7% during the 2nd quarter. Rhumbline Advisers now owns 230,909 shares of the company’s stock valued at $852,000 after purchasing an additional 113,493 shares during the last quarter. 37.41% of the stock is owned by institutional investors.

Dakota Gold Company Profile

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.