FY2026 EPS Estimates for Dakota Gold Raised by Scotiabank

Dakota Gold Corp. (NYSE:DC) – Analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Dakota Gold in a research note issued on Wednesday, May 20th. Scotiabank analyst E. Winmill now forecasts that the company will earn ($0.26) per share for the year, up from their prior estimate of ($0.27). Scotiabank currently has a “Sector Outperform” rating and a $10.00 target price on the stock. Scotiabank also issued estimates for Dakota Gold’s FY2027 earnings at ($0.25) EPS.

DC has been the topic of a number of other reports. HC Wainwright reaffirmed a “buy” rating and set a $10.50 price target on shares of Dakota Gold in a research report on Wednesday, April 22nd. Canadian Imperial Bank of Commerce began coverage on Dakota Gold in a research report on Tuesday, May 5th. They issued an “outperform” rating and a $11.00 target price on the stock. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Dakota Gold presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.50.

Dakota Gold Trading Down 0.4%

Shares of DC stock opened at $5.37 on Friday. The business’s fifty day simple moving average is $5.48 and its 200-day simple moving average is $5.57. The company has a market cap of $719.19 million, a PE ratio of -13.10 and a beta of 1.14. Dakota Gold has a 12-month low of $2.88 and a 12-month high of $7.25.

Insider Transactions at Dakota Gold

In other news, CFO Shawn Campbell sold 21,207 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $7.02, for a total transaction of $148,873.14. Following the sale, the chief financial officer directly owned 231,526 shares of the company’s stock, valued at $1,625,312.52. This represents a 8.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP James Mccoy Berry sold 12,388 shares of the 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 directly owned 371,748 shares in the company, valued at approximately $2,609,670.96. The trade was a 3.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,106 shares of company stock valued at $322,078 in the last ninety days. 8.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dakota Gold

Hedge funds have recently modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its stake in shares of Dakota Gold by 105.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,203 shares of the company’s stock worth $41,000 after acquiring an additional 3,703 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Dakota Gold by 120.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 8,309 shares of the company’s stock worth $31,000 after acquiring an additional 4,541 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Dakota Gold during the 4th quarter worth about $55,000. Financial Engines Advisors L.L.C. purchased a new stake in shares of Dakota Gold during the 3rd quarter worth about $46,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in shares of Dakota Gold during the 3rd quarter worth about $46,000. 37.41% of the stock is owned by hedge funds and other institutional investors.

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.