VP of Exploration purchases 20,000 shares at blended $2.48 as stock trades 24.2% below 52-week high amid $-8.6M loss.
Berry James McCoy, Vice-President of Exploration at Dakota Gold Corp., executed 2 separate purchases totaling 20,000 shares for $49,600.00 ($49.6K) at prices of $2.49 and $2.47 on 2024-06-21. His post-transaction holdings of 273,752 shares represent a +7.9% increase against pre-transaction holdings. The timing occurs as the stock trades $2.44, down 24.2% from its 52-week high of $3.22 and down 20.8% over the past 30 days, while the company reported a net loss of $-8,594,581.00 ($-8.6M) in its most recent fiscal year. This purchase by a VP-level executive adds modest supply-side evidence at current depressed price levels, though the company's unprofitability limits how much conviction this transaction can be inferred to demonstrate.