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Dakota Gold price target raised to $12 from $8.25 at Canaccord

Canaccord analyst Peter Bell raised the firm’s price target on Dakota Gold (DC) to $12 from $8.25 and keeps a Speculative Buy rating on the shares. The firm updated its model to reflect the company’s 2024 financial results, its recent equity financing, updated commodity price forecast, and the release of its updated mineral resource estimate for its Richmond Hill Project.

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