Dakota Gold Corp. (DC) Key Metrics
DC valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $739.3M
- Enterprise value
- $469.5M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- —
- Price / book
- 4.8 10-yr median 2.2
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 1.24
DC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsDC valuation Price multiples at each fiscal year-end price.
DC returns How much profit the business earns on the capital it uses.
DC per-share figures Results divided by the shares outstanding at year-end.
DC financial health Debt, liquidity and how easily interest is covered.
DC efficiency & capital use Working capital cycle and where the cash goes.
DC valuation history
DC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DC cash returned to shareholders
DC price vs earnings per share
DC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $618.5M | $200.0M | $205.0M | $219.9M | — | — | — | — | — | — |
| Enterprise value | $589.0M | $190.9M | $179.7M | $196.0M | — | — | — | — | — | — |
| Price / book | 5.5 | 2.2 | 2.0 | 2.2 | — | — | — | — | — | — |
| Earnings yield | −4.8% | −16.9% | −17.8% | −5.7% | — | — | — | — | — | — |
| Free cash flow yield | −4.2% | −16.0% | −16.1% | −8.7% | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% | 0.3% | — | — | — | — | — | — |
| Share price at fiscal year-end | $5.68 | $2.20 | $2.62 | $3.05 | — | — | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — |
| Earnings per share | −$0.27 | −$0.37 | −$0.47 | −$0.17 | −$0.18 | $0.37 | −$0.00 | — | — | — |
| Operating cash flow per share | −$0.23 | −$0.35 | −$0.40 | −$0.14 | −$0.14 | −$0.03 | −$0.00 | — | — | — |
| Free cash flow per share | −$0.24 | −$0.35 | −$0.42 | −$0.26 | −$0.27 | −$0.22 | −$0.01 | — | — | — |
| Cash per share | $0.27 | $0.10 | $0.33 | $0.33 | $0.58 | $0.16 | $0.00 | — | — | — |
| Book value per share | $1.03 | $1.01 | $1.32 | $1.40 | $1.61 | $0.83 | $0.01 | — | — | — |
| Tangible book value per share | $1.03 | $1.01 | $1.32 | $1.40 | $1.61 | $0.83 | $0.01 | — | — | — |
| Dividends per share | — | — | — | — | $0.15 | — | — | — | — | — |
| Capex per share | $0.00 | $0.01 | $0.02 | $0.13 | $0.13 | $0.19 | $0.01 | — | — | — |
| Debt per share | $0.00 | $0.00 | $0.00 | $0.00 | $5,541.94 | $0.02 | $0.00 | — | — | — |
| Shares outstanding | 108.9M | 90.9M | 78.3M | 72.1M | 70.9M | 70.9M | 70.9M | — | — | — |
| Change in shares outstanding | +19.8% | +16.1% | +8.5% | +1.7% | 0.0% | 0.0% | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −28.9% | −34.6% | −35.6% | −11.7% | −14.6% | 87.0% | — | — | — | — |
| Return on invested capital (ROIC) | −29.3% | −33.6% | −38.7% | −0.0% | −0.0% | −8.4% | — | — | — | — |
| Return on assets (ROA) | −28.0% | −33.3% | −34.2% | −11.2% | −13.2% | 72.8% | −31.5% | 6.8% | −180.1% | −146.3% |
| Return on tangible assets | −25.5% | −35.5% | −33.7% | −12.0% | −10.5% | 36.8% | −22.7% | 5.5% | −198.4% | −146.3% |
| Income quality (OCF / net income) | — | — | — | — | — | −0.08 | — | −9.43 | — | — |
| Financial health | ||||||||||
| Total debt | $205,666 | $326,946 | $229,612 | $0 | $392.65B | $1.4M | $330,080 | $360,810 | $741,300 | $761,620 |
| Cash & short-term investments | $29.7M | $9.4M | $25.5M | $23.9M | $41.4M | $11.4M | $141,768 | $152,590 | $19,980 | $69,190 |
| Net debt | −$29.5M | −$9.1M | −$25.3M | −$23.9M | $392.61B | −$10.1M | $188,312 | $208,220 | $721,320 | $692,430 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.02 | 0.43 | — | — | — |
| Debt / assets | 0.00 | 0.00 | 0.00 | 0.00 | 3,269.80 | 0.02 | 0.39 | 0.96 | 3.08 | 2.63 |
| Current ratio | 10.12 | 3.62 | 5.79 | 9.80 | 16.50 | 6.74 | 9.66 | 0.07 | 0.01 | 0.03 |
| Quick ratio | 10.12 | 3.62 | 5.79 | 9.80 | 16.50 | 6.74 | 9.67 | 0.07 | 0.01 | 0.03 |
| Interest coverage | — | -249.7 | — | — | — | -0.0 | -50.4 | — | — | — |
| Working capital | $27.4M | $7.2M | $21.5M | $22.1M | $39.3M | $10.1M | $761,638 | −$2.1M | −$2.6M | −$2.2M |
| Invested capital | $83.0M | $83.1M | $78.2M | $77.3M | $392.72B | $48.9M | $949,950 | −$1.7M | −$1.6M | −$1.3M |
| Tangible asset value | $112.5M | $92.2M | $103.5M | $101.2M | $113.8M | $59.0M | $761,638 | −$1.9M | −$2.4M | −$2.0M |
| Net current asset value | $27.0M | $6.7M | $21.3M | $20.8M | $35.6M | $201,392 | $761,638 | −$2.1M | −$2.6M | −$2.2M |
| Graham number | — | — | — | — | — | $2.62 | — | — | — | — |
| Graham net-net per share | $0.24 | $0.07 | $0.27 | $0.28 | $0.50 | −$0.00 | $0.01 | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $10.4M | — | — | — | — | — |
| Share buybacks (net) | $0 | $0 | $0 | $558,005 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capex / depreciation | 1.92 | 2.25 | 5.50 | 68.23 | 68.23 | 790.85 | 31,435.00 | — | — | — |
| Efficiency | ||||||||||
| Days payables outstanding | 2,948.8 | 3,168.2 | 2,693.1 | 5,180.5 | 3,512.4 | 6,490.5 | — | — | — | — |
| Receivables turnover | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
| Payables turnover | 0.12 | 0.12 | 0.14 | 0.07 | 0.10 | 0.06 | — | — | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | — | — | — | $101,082 | $47,404 | $353,917 | $707,834 | — | — | — |
| Average payables | $1.6M | $2.2M | $2.2M | $1.9M | $1.3M | $307,738 | $87,964 | — | — | — |
| Average inventory | — | — | — | — | — | — | −$708 | — | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from DC's annual financial statements (latest annual report filed March 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
DC valuation and financial ratios
Dakota Gold earned a return on equity of −28.9% and a return on invested capital of −29.3% in fiscal 2025. It ended the year with $0.2 million of debt and $29.7 million in cash and short-term investments, a net cash position of $29.5 million.
See the DC income statement, the DC chart for price history, or the DC stock overview for the latest quote and news.
DC key metrics FAQ
What is Dakota Gold's return on equity?
Dakota Gold's return on equity (ROE) was −28.9% in fiscal 2025: net income of -$29.5 million on average shareholders' equity of $102.3 million.
What is Dakota Gold's ROIC?
Dakota Gold's return on invested capital was −29.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Dakota Gold have?
Dakota Gold had total debt of $0.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
What is Dakota Gold's free cash flow yield?
Dakota Gold generated -$25.8 million of free cash flow in fiscal 2025, a free cash flow yield of −4.2% on its market value at year-end ($618.5 million).
What is Dakota Gold's current ratio?
Dakota Gold's current ratio was 10.12 at the end of fiscal 2025: current assets were 10.12 times current liabilities.