FY2026 EPS Estimates for Dakota Gold Raised by Scotiabank

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

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

Dakota Gold Price Performance

Shares of NYSE:DC opened at $5.37 on Friday. Dakota Gold has a 1 year low of $2.88 and a 1 year high of $7.25. The business has a 50 day simple moving average of $5.48 and a two-hundred day simple moving average of $5.57. The firm has a market capitalization of $719.19 million, a PE ratio of -13.10 and a beta of 1.14.

Insider Buying and Selling

In related news, Director Jennifer S. Grafton sold 15,511 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.56, for a total value of $86,241.16. Following the completion of the transaction, the director owned 144,560 shares of the company’s stock, valued at $803,753.60. The trade was a 9.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Shawn Campbell sold 21,207 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $7.02, for a total transaction of $148,873.14. Following the completion of the transaction, the chief financial officer directly owned 231,526 shares of the company’s stock, valued at $1,625,312.52. This trade represents a 8.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,106 shares of company stock valued at $322,078 over the last 90 days. Corporate insiders own 8.50% of the company’s stock.

Hedge Funds Weigh In On Dakota Gold

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets increased its position in shares of Dakota Gold by 120.5% during the second quarter. BNP Paribas Financial Markets now owns 8,309 shares of the company’s stock worth $31,000 after purchasing an additional 4,541 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Dakota Gold by 105.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,203 shares of the company’s stock worth $41,000 after purchasing an additional 3,703 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Dakota Gold during the third quarter worth $46,000. Financial Engines Advisors L.L.C. acquired a new position in shares of Dakota Gold during the third quarter worth $46,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in shares of Dakota Gold during the third quarter worth $46,000. Institutional investors own 37.41% of the company’s stock.

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.