Dakota Gold Corp.DC

NYSEMaterialsMetal Mining
Price (close)
$6.61
Market cap
$886.9M
P/E
—
Revenue (TTM)
—
Net income
-$36.1M
Dividend yield
—
1-year total return
45.9%
Net margin
—
Revenue growth
—
Debt / equity
—

What Dakota Gold Corp. does.

Dakota Gold Corp. was incorporated as JR Resources Corp. (“JR”) on November 15, 2017 under the Business Corporations Act (British Columbia, Canada). The Company focuses its business efforts on the acquisition, exploration, and development of mineral properties in the United States of America (“U.S.”). On May 22, 2020, the Company completed the domestication process and changed its registration from the Province of British Columbia, Canada to the State of Nevada, including a name change to “Dakota Gold Corp.” On March 31, 2022, the Company completed a merger with Dakota Territory Resource Corp., a Nevada corporation (“Dakota Territory” or “DTRC”). On May 14, 2024, following the receipt of approval by its shareholders, the Company changed its state of incorporation from the State of Nevada to the State of Delaware. The Company currently operates in one segment, mineral exploration and evaluation in the United States.

The Company has been in the exploration stage since its formation and has not realized any revenues from operations. To date, while no development or mining activities have commenced, the Company’s strategy is to move projects from exploration to development and finally into production as results of exploration may dictate. The Company’s management and technical teams have extensive mining and exploration experience, much of it in the Homestake District, and the Company intends to leverage its experience together with its business presence in South Dakota to create value for the Company’s stakeholders. The Company’s principal executive offices are located at 106 Glendale Drive, Suite A, Lead, South Dakota, 57754, and its telephone number is (605) 717-2540.

Revenue and profit, by fiscal year.

Fiscal year20212022202320242025
Net income——-$36.4M-$33.9M-$29.5M
Free cash flow——-$32.4M-$31.6M-$25.6M

More on DC.

Figures from Dakota Gold Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.