Dakota Gold Corp.
Dakota Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. The company primarily explores for gold deposits. It holds 100% interests in various mineral projects, including Blind Gold, City Creek, Cambrian Unconformity, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, and South Lead/Whistler Gulch properties consisting of 2… Read more
Dakota Gold Corp. (DC) - Net Assets
Latest net assets as of September 2025: $115.96 Million USD
Based on the latest financial reports, Dakota Gold Corp. (DC) has net assets worth $115.96 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($119.25 Million) and total liabilities ($3.29 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $115.96 Million |
| % of Total Assets | 97.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | 56.18% |
| 10-Year Change | N/A |
| Growth Volatility | 3051.72 |
Dakota Gold Corp. - Net Assets Trend (2016–2024)
This chart illustrates how Dakota Gold Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Dakota Gold Corp. (2016–2024)
The table below shows the annual net assets of Dakota Gold Corp. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $92.15 Million | -11.00% |
| 2023-12-31 | $103.54 Million | +2.33% |
| 2022-12-31 | $101.17 Million | -11.12% |
| 2021-12-31 | $113.83 Million | +92.93% |
| 2020-12-31 | $59.00 Million | +7646.98% |
| 2019-12-31 | $761.64K | +139.88% |
| 2018-12-31 | $-1.91 Million | +19.41% |
| 2017-12-31 | $-2.37 Million | -18.92% |
| 2016-12-31 | $-1.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dakota Gold Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 7264190200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $95.57K | 0.10% |
| Other Components | $168.61 Million | 182.96% |
| Total Equity | $92.15 Million | 100.00% |
Dakota Gold Corp. Competitors by Market Cap
The table below lists competitors of Dakota Gold Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western Copper and Gold Corp
NYSE MKT:WRN
|
$473.48 Million |
|
Pantheon Resources Plc
OTCQX:PTHRF
|
$473.51 Million |
|
Praise Victor Industrial Co., Ltd.
TWO:7768
|
$473.55 Million |
|
Shanghai Geoharbour Construction Group Co Ltd
SHG:605598
|
$473.57 Million |
|
Scientex Bhd
KLSE:4731
|
$472.96 Million |
|
Peoples Fin
NASDAQ:PFIS
|
$472.90 Million |
|
Ral Yatirim Holding AS
IS:RALYH
|
$472.79 Million |
|
Jiangsu Aidea Pharmaceutical Co Ltd
SHG:688488
|
$472.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dakota Gold Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 103,536,451 to 92,151,950, a change of -11,384,501 (-11.0%).
- Net loss of 33,892,371 reduced equity.
- Share repurchases of 15,729,130 reduced equity.
- New share issuances of 15,570,522 increased equity.
- Other factors increased equity by 22,666,478.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.89 Million | -36.78% |
| Share Repurchases | $15.73 Million | -17.07% |
| Share Issuances | $15.57 Million | +16.9% |
| Other Changes | $22.67 Million | +24.6% |
| Total Change | $- | -11.00% |
Book Value vs Market Value Analysis
This analysis compares Dakota Gold Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.35x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 171.98x to 5.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.03 | $5.42 | x |
| 2020-12-31 | $0.53 | $5.42 | x |
| 2021-12-31 | $1.61 | $5.42 | x |
| 2022-12-31 | $1.40 | $5.42 | x |
| 2023-12-31 | $1.32 | $5.42 | x |
| 2024-12-31 | $1.01 | $5.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dakota Gold Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -36.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-36.78%) is below the historical average (-5.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-223.91K |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-240.03K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $211.93K |
| 2019 | -23.15% | 0.00% | 0.00x | 1.12x | $-252.45K |
| 2020 | 68.77% | 0.00% | 0.00x | 1.87x | $22.23 Million |
| 2021 | -22.56% | 0.00% | 0.00x | 1.05x | $-37.06 Million |
| 2022 | -0.03% | 0.00% | 0.00x | 1.04x | $-10.14 Million |
| 2023 | -35.20% | 0.00% | 0.00x | 1.05x | $-46.80 Million |
| 2024 | -36.78% | 0.00% | 0.00x | 1.03x | $-43.11 Million |
Industry Comparison
This section compares Dakota Gold Corp.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dakota Gold Corp. (DC) | $115.96 Million | 0.00% | 0.03x | $472.97 Million |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |