Dakota Gold Corp. (DC) PT Raised to $14.80 at Freedom Broker
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Rating Summary:
5 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 4 | Down: 8 | New: 31
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Freedom Broker analyst Vitaly Kononov raised the price target on Dakota Gold Corp. (NYSE: DC) to $14.80 (from $12.50) while maintaining a Buy rating.
The analyst comments "Dakota Gold continued to advance Richmond Hill toward development during Q2, with the upcoming PFS representing the main near-term value driver. The company is progressing infill and technical drilling, metallurgical testing and baseline work in parallel with preparations to initiate permitting, while the August analyst tour reaffirmed the targeted Q4 2026 PFS and H1 2027 feasibility study. Importantly, Dakota Gold enters this phase with a strong balance sheet following its February financing, providing sufficient funding through feasibility. At Maitland, the Unionville Zone provides an additional near-term catalyst, with infill drilling underway ahead of a maiden resource targeted for H1 2027. We maintain our Buy recommendation and raise price target to $14.8."
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