Dakota Gold initiated with a Buy at Freedom Capital

Freedom Capital initiated coverage of Dakota Gold (DC) with a Buy rating and $8.40 price target Dakota, which is advancing the Richmond Hill Project, which the firm identifies as one of the largest undeveloped oxide gold resources in the United States, represents “a compelling investment opportunity,” the analyst tells investors. The company, with experienced leadership and a clear path toward feasibility, is well positioned to transition into a near-term U.S. gold producer by 2029-2030, the analyst contends.