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Companies / Materials / Dakota Gold Corp.
DC

Dakota Gold Corp.

MaterialsMining
Ticker DCLEAD, SDFiscal year ends DecemberBook value per share $1.43Diluted shares 128.8M

Dakota Gold Corp. (NYSE American: DAKGF) is a mineral exploration and development company focused on acquiring, exploring, and developing gold and silver properties in the United States. The company maintains its principal operations in the Homestake Mining District of South Dakota, where it holds 100% ownership of… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-29.54M
+12.8% year over year
Last 12 mo $-36.14M
-26.25%
+10.5 percentage points
Last 12 mo -19.66%
Cash & financing
$-25.45M
+19.2% year over year
Last 12 mo $-32.37M
$-25.64M
+18.9% year over year
Last 12 mo $-33.27M
—
Last 12 mo 0.01
108.9M
+19.8% year over year
Last 12 mo 128.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Dakota Gold Corp. does

In the company’s own words

Dakota Gold Corp. (NYSE American: DAKGF) is a mineral exploration and development company focused on acquiring, exploring, and developing gold and silver properties in the United States. The company maintains its principal operations in the Homestake Mining District of South Dakota, where it holds 100% ownership of mineral properties comprising 2,147 unpatented claims and surface leases or ownership covering more than 49,500 acres. The company website is www.dakotagoldcorp.com.

The company operates in a single segment focused on mineral exploration and evaluation. Dakota Gold's primary properties include Maitland, the Barrick Option, Richmond Hill, and other prospects within the Homestake District. In February 2025, the company announced an updated S-K 1300 Initial Assessment for the Richmond Hill Gold Project, which identified a measured and indicated mineral resource of 307.86 million tonnes at 0.470 grams per tonne gold and 4.83 grams per tonne silver, representing 4.64 million ounces of gold and 47.77 million ounces of silver. The company also reported an inferred mineral resource of 414.04 million tonnes at 0.381 grams per tonne gold and 3.91 grams per tonne silver, equating to 5.06 million ounces of gold and 52.11 million ounces of silver.

As of December 31, 2025, Dakota Gold employed 41 full-time employees. The company has been in the exploration stage since its formation and has not realized any revenues from operations. The company's strategy is to advance projects from exploration through development to potential production. Dakota Gold's management and technical teams possess extensive mining and exploration experience, particularly within the Homestake District. The company has received equity investments from Orion and conducted public offerings to finance its exploration activities. In November 2025, Dakota Gold established an at-the-market equity distribution program allowing for up to $50 million in potential share offerings. The company has no history of revenues from operations and currently generates no income from its mineral properties.

Company details
Sector
Materials
Industry
Mining
Headquarters
LEAD, SD
Fiscal year end
December
CIK
1852353
SIC
1000

Financial performance, year by year

Fiscal 2022–2025 · USD
$-37.53M$-34.30M$-31.06M$-27.83M$-24.60M2022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Dakota Gold Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

111
funds hold it
0 of 35
superinvestors hold it
$137.25M
held by funds, at market
21.9%
of shares held by funds

Largest fund holders · Dakota Gold Corp.’s weight in each

0.51%of fund net assets
EuroPac Gold Fund
EPGFX · INVESTMENT MANAGERS SERIES TRUST
2.66%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Franklin Gold And Precious Metals Fund
FKRCX · Franklin Gold and Precious Metals Fund
0.40%of fund net assets
VanEck Junior Gold Miners ETF
GDXJ · VanEck ETF Trust
0.19%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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