Every 10-Q that Dakota Gold Corp. (DC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DC filings page.
Dakota Gold Corp. is an exploration-stage gold company focused on the Homestake District in South Dakota and reported no revenue for the three and six months ended June 30, 2026. The company recorded a net loss of $8.3 million for the quarter and $16.8 million year-to-date, driven by higher exploration and general and administrative spending.
Exploration expense rose to $6.5 million in the quarter and $13.0 million for the first six months, reflecting increased drilling, metallurgical studies, permitting and related work. General and administrative expenses were $2.7 million for the quarter and $5.2 million year-to-date, including higher support costs and stock-based compensation.
Liquidity improved following equity financings. As of June 30, 2026, cash and cash equivalents were $99.3 million, and total assets were $187.8 million. During the first half of 2026, the company raised about $71.7 million net in a public offering, $3.5 million via its at-the-market program, and $10.9 million from warrant exercises. Management believes current liquidity is sufficient to meet obligations for at least one year and continues to advance the Richmond Hill and Maitland projects through drilling, technical studies and permitting toward feasibility-stage evaluation.
Dakota Gold Corp. remains an exploration-stage company with no revenue and reported a net and comprehensive loss of approximately $8.5 million for the three months ended March 31, 2026, compared with approximately $3.7 million a year earlier. The wider loss reflects a major ramp-up in drilling and project work in South Dakota’s Homestake District.
Exploration expenses rose to about $6.5 million from $1.9 million, driven by higher drilling, assays, permitting, road and pad construction, and study costs. General and administrative expenses increased to roughly $2.5 million, mainly from a larger support team. Interest income improved to about $0.5 million on higher cash balances.
Liquidity strengthened significantly: as of March 31, 2026, cash and cash equivalents were approximately $106.9 million, up from $29.7 million at year-end. During the quarter the company raised roughly $71.8 million net in a public equity offering, about $3.5 million via its at-the-market program, and about $10.9 million from warrant exercises. Dakota Gold is using this capital to advance the Richmond Hill Project toward a Pre-Feasibility Study in the second half of 2026 and a Feasibility Study targeted for 2027, while continuing high-grade exploration at the Maitland property.
Dakota Gold Corp. reported Q3 2025 results, posting a net loss of $10.5 million, or $0.09 per share. Operating expenses were $10.9 million, driven by $7.7 million in exploration and $3.2 million in general and administrative costs. Interest income was $0.4 million.
For the nine months ended September 30, 2025, the company recorded a net loss of $20.7 million, used $18.4 million in operating cash, and ended with cash and cash equivalents of $33.0 million. Management cites approximately $31.0 million of working capital and the ability to scale exploration as support for liquidity over the next year.
Year-to-date financing totaled $42.3 million, including $32.7 million in net proceeds from a March offering of 12.4 million shares at $2.83, $7.3 million via the ATM program, and $3.0 million from warrant exercises. Shares outstanding were 112,900,113 at September 30, 2025. The updated Richmond Hill Initial Assessment was filed in July, with feasibility targeted for 2027 and production targeted in late 2029.
Dakota Gold Corp. is an exploration-stage company focused on gold projects in the Homestake District. The company held approximately $41.97 million in cash and working capital of about $39.7 million, reported a net loss of $6.47 million for the quarter and $10.21 million year-to-date, and had an accumulated deficit of about $86.8 million. The balance sheet shows $82.7 million in mineral rights and properties and property-and-equipment net of about $2.1 million.
Operating highlights include an updated Richmond Hill Initial Assessment with a base-case after-tax NPV (5%) of $1.6B (M&I) and $2.1B (MI&I), after-tax IRRs of 55% and 59%, and an initial capital cost of ~$384M. Dakota Gold completed 315 holes totaling ~433,000 feet since 2022 and reported a 2025 intersection of 1.94 g/t over 60.0 meters at Richmond Hill. Financing activity in the period provided ~$41.2M of cash, including a public offering that raised net proceeds of ~$32.7M and ATM proceeds of ~$7.3M. Management targets a feasibility study by 2027 and production planning toward 2029.