Dakota Gold Corp. (DC) Stock

Dakota Gold Corp. (DC) is a Materials stock trading at $6.18 (as of 2026-08-24), with a market capitalization of $829.19M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Dakota Gold Corp. engages in the acquisition and exploration of mineral properties. It primarily explores for gold deposits. The company holds 100% interest in the Blind Gold, City Creek, Homestake Paleoplacer, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, and South Lead/Whistler Gulch projects located Homestake District, South Dakota. It also holds an option to acquire 100% interest in the Barrick Option and the Richmond Hill Option projects situated in Homestake District, South Dakota. Dakota Gold Corp. was incorporated in 2017 and is based in Lead, South Dakota.

Understand Dakota Gold Corp.: how it makes money

Dakota Gold Corp. acquires and explores gold mineral properties, holding multiple projects in South Dakota and advancing them through drilling, resource estimates, and recovery and mine-life assumptions.

The profit model is ultimately driven by converting drilled mineral resource estimates into mineable gold ounces that match the disclosed heap leach feed grade and gold recovery assumptions over the stated mine life.

Business quality (Weak): Project-based gold explorer, with disclosed operating focus on resource size, grade, recovery, and mine life rather than reported production results.

Bull case

  • Long stated mine life based on measured and indicated work: Mine Life (Years) (Measured and Indicated) is disclosed as 17.0.
  • Strong emphasis on recovery and leachable resource quality: Gold Recovery (Measured and Indicated) is disclosed at 85.1, alongside heap leach feed grade of 0.57 grams per tonne of gold (measured and indicated).

Bear case

  • Resource and assumption risk: Many of the key inputs investors see are resource classifications and recovery assumptions (including oxide, mixed, and hypogene recovery assumptions), which may change as projects progress.
  • No reported revenue in the latest period provided: For the period ending 2026-03-31, revenue is shown as 0.0B, and the operating margin is negative, which is consistent with an earlier stage profile where economics are not yet demonstrated by operating results.
Valuation — source: SEC EDGAR (first-party)
Price$6.18
Market Cap$829.19M
Price / Book4.51
Price / Sales357.03
FCF Yield-6.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.18M
Net Margin-2510.6%
Revenue Growth (YoY)92.9%
EPS Growth (YoY)-27.0%
FCF Growth (YoY)-18.9%
Financial Health — source: SEC EDGAR
Altman Z-Score146.48 (safe)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Metal Mining)26.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($31.97M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryMetal Mining
CEORobert Allan Quartermain
Employees41
CountryUS
IPO Date2022-04-05

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DC earnings history · DC institutional & insider holders · DC KPIs & operating metrics · DC financials · DC investor presentations & press releases · DC SEC filings · DC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.