Dakota Gold Corp. (DC) - Net Assets
Based on the latest financial reports, Dakota Gold Corp. (DC) has net assets worth $112.52 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($115.86 Million) and total liabilities ($3.34 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. Check DC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $112.52 Million |
| % of Total Assets | 97.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -1.15% |
| 10-Year Change | N/A |
| Growth Volatility | 2842.98 |
Dakota Gold Corp. - Net Assets Trend (2016–2025)
This chart illustrates how Dakota Gold Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore Dakota Gold Corp. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Dakota Gold Corp. (2016–2025)
The table below shows the annual net assets of Dakota Gold Corp. from 2016 to 2025. For live valuation and market cap data, see DC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $112.52 Million | +22.10% |
| 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 10218060100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $114.07K | 0.10% |
| Other Components | $218.49 Million | 194.18% |
| Total Equity | $112.52 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 |
|---|---|
|
Beijing VRV Software Corp Ltd
SHE:300352
|
$717.08 Million |
|
Orrstown Financial Services Inc
NASDAQ:ORRF
|
$717.08 Million |
|
Pony Testing International Group Co
SHE:300887
|
$717.13 Million |
|
Astra Otoparts Tbk
JK:AUTO
|
$717.34 Million |
|
Tyntek Corp
TW:2426
|
$716.97 Million |
|
Vgi Partners Global Investments Ltd
AU:VG1
|
$716.93 Million |
|
Ciputra Development Tbk
JK:CTRA
|
$716.84 Million |
|
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399
|
$716.80 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 2024 to 2025, total equity changed from 92,151,950 to 112,520,539, a change of 20,368,589 (22.1%).
- Net loss of 29,601,698 reduced equity.
- Share repurchases of 46,927,050 reduced equity.
- New share issuances of 42,493,637 increased equity.
- Other factors increased equity by 54,403,700.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.60 Million | -26.31% |
| Share Repurchases | $46.93 Million | -41.71% |
| Share Issuances | $42.49 Million | +37.77% |
| Other Changes | $54.40 Million | +48.35% |
| Total Change | $- | 22.10% |
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: 5.20x
- 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 170.40x to 5.20x 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 | $5.37 | x |
| 2020-12-31 | $0.83 | $5.37 | x |
| 2021-12-31 | $1.61 | $5.37 | x |
| 2022-12-31 | $1.40 | $5.37 | x |
| 2023-12-31 | $1.32 | $5.37 | x |
| 2024-12-31 | $1.01 | $5.37 | x |
| 2025-12-31 | $1.03 | $5.37 | 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): -26.31%
- 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 (-26.31%) is below the historical average (-9.99%), 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 | 44.08% | 0.00% | 0.00x | 1.20x | $20.11 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 |
| 2025 | -26.31% | 0.00% | 0.00x | 1.03x | $-40.85 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: $377,517,605
- Average return on equity (ROE) among peers: -8.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dakota Gold Corp. (DC) | $112.52 Million | 0.00% | 0.03x | $716.99 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aura Minerals Inc. Common Shares (AUGO) | $314.80 Million | 10.13% | 1.93x | $6.31 Billion |
| Austin Gold Corp (AUST) | $8.26 Million | -19.54% | 0.02x | $17.25 Million |
| Barrick Mining Corporation (B) | $722.40 Million | 8.96% | 0.99x | $69.16 Billion |
| Blue Gold Limited Class A Ordinary Shares (BGL) | $51.32 Million | 10.03% | 0.04x | $34.22 Million |
| Coeur Mining Inc (CDE) | $2.14 Billion | 4.38% | 0.53x | $18.45 Billion |
| Caledonia Mining Corporation (CMCL) | $78.81 Million | 13.66% | 0.59x | $445.94 Million |
| Collective Mining Ltd. (CNL) | $-28.93 Million | 0.00% | 0.00x | $1.45 Billion |
| Contango ORE Inc (CTGO) | $2.91 Million | -98.00% | 0.22x | $359.98 Million |
About 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. The company was incorporated in 2017 and is based in Lead, South Dakota.