H.C. Wainwright Initiates Buy Rating on Dakota Gold, Sets PT at $9.75

Core Insights - Dakota Gold Corp. (NYSE:DC) is recognized as one of the best junior gold mining stocks to buy, with a Buy rating initiated by H.C. Wainwright and a price target of $9.75, indicating an upside potential of 80.86% based on a median price target of $9.88 from all analysts covering the stock [1][3]. Company Overview - Dakota Gold Corp. is actively working to build on the 145-year legacy of mining in the district, holding over 48,000 acres of high-quality gold mineral properties [2]. - The company is in the development stage, primarily focused on exploring gold deposits and aims to restore gold mining in the Homestake District located in Lead, South Dakota [4]. Recent Developments - On December 23, Dakota Gold Corp. reported additional drill hole assay results from the Richmond Hill Gold Project, indicating resource expansion potential with recent drilling intersecting up to 230 meters north of the current Measured and Indicated resource boundary [3]. - In 2025, the company completed 242 drill holes totaling 29,279 meters, with results from 136 drill holes released and 106 pending, expected to be reported in early 2026 [4].