Dakota Gold CEO Quartermain sells $75k in shares

Published 04/15/2026, 04:10 PM
Dakota Gold CEO Quartermain sells $75k in shares

Dakota Gold Corp (NYSE: DC) Chief Executive Officer Robert Quartermain sold 13,448 shares of common stock on April 15, 2026, at a weighted average price of $5.61, for a total value of $75,443. The sales occurred in multiple transactions, with prices ranging from $5.60 to $5.61.

On the same day, Quartermain exercised options to acquire 275,000 shares at $4.76, for a total value of $1,309,000. Also, 226,863 shares were withheld by Dakota Gold to cover the exercise price of the stock options, valued at $5.77 per share, totaling $1,308,999.

Following these transactions, Quartermain directly owns 8,031,364 shares of Dakota Gold Corp.The insider sale comes as Dakota Gold shares have surged 96% over the past year, according to InvestingPro data, though the stock currently trades above the platform’s Fair Value estimate, placing it among potentially overvalued stocks. The company’s market capitalization stands at $762 million.

In other recent news, Dakota Gold Corp. received an updated stock price target from H.C. Wainwright, which increased the target to $10.50 from the previous $9.75 while maintaining a Buy rating. The revision follows favorable outcomes from Dakota Gold’s drilling program, which involved 29,524 meters over 242 drill holes. This program was part of efforts to gather data for a Pre-Feasibility Study. Notably, drill hole RH25C-310 intersected 5.0 grams per tonne of gold and 28.64 grams per tonne of silver over a span of 24.9 meters. Within this intersection, there was a notable segment with 60.82 grams per tonne of gold and 61.68 grams per tonne of silver over 1.5 meters. These results have likely contributed to the positive outlook from H.C. Wainwright. Investors may find this update significant as it reflects the ongoing progress and potential of Dakota Gold’s projects.

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