JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Dakota Gold Corp.

DC·$6.12·$558.5M cap
GoldRichmond Hill & Maitland, Homestake District, South Dakota Map

Dakota Gold is advancing the Richmond Hill oxide heap-leach project and the high-grade underground Maitland deposit in South Dakota's historic Homestake mining district, targeting a pre-feasibility study in Q4 2026.

Notable vs. Peers

  • Financials score of 9.6/10 is stronger than the peer average of 6.6/10.

Lifecycle Milestones

Grassroots
Resource Def.
PEACurrent
PFS
Feasibility
Permitting
Construction
Production

Combined view across 2 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.

Combined resource
2.6M oz
Sum of 1 of 2 projects with a disclosed figure (others not yet researched)
IRR
Not combined
IRR is not additive across independent projects -- see each project's own tab for its figure
Combined NPV, by discount-rate basis
$1.6B
At 5% discount rate -- Richmond Hill
10/10
Weak track recordStrong track record
9.6/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
6/10
Weaker depositStronger deposit
8.7/10
Weaker profileStronger profile
Price Chart
$4.10$4.05$6.88$5.05$6.12AugNovMarJunSep
Aug 12, 2025Sep 4, 2026
News
$6.12
+61.5%from low-15.6%from high
$3.79$7.25
See who ↓
11.1%
Low alignmentHigh alignment
See who ↓
55.4%
Low alignmentHigh alignment
$558.5M
Far belowFar above
$29.1M median
Price (USD - Local)
$6.12
Cash Position (USD)
$107M
Far belowFar above
$11.6M median
Debt (USD)
Far aboveFar below
$0 median
$451.5M
Far belowFar above
$26.9M median
133.9M
Far aboveFar below
173M median
Jurisdiction
United States
2,600,000 oz
Far belowFar above
1.3M median
$173.65/oz
Far aboveFar below
$157.18/oz median
0.0165 oz/tCut-off: 0.5 g/t Au (open pit cut-off, Richmond Hill Initial Assessment)
Far belowFar above
0.04 oz/t median
Open pit, heap leach
17 yrs
Far belowFar above
11 yrs median
@5%$1.6B(at $2,350/oz)
Far belowFar above
$596.9M median
0.35x
Far aboveFar below
0.46x median
This company's data hasn't been researched yet
Not enough peer data yet
$2,350/oz48% below spot ($4,480/oz)
55%Clears Durrett's 25% developer bar
Far belowFar above
41% median
11.1%
0%100%
19.3% median
55.4%
0%100%
3% median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
7.5/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
-6.5% since 2026-07-26 · -6.5% from peak

Your Rankings

Community Sentiment
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Management Team

Chief Executive Officer and Director of Dakota Gold Corp. effective 18 Aug 2026, an internal promotion from President and Chief Operating Officer (Jun 2025-Aug 2026). More than 35 years in the mining industry, graduate of the South Dakota School of Mines and Technology (Geological Engineering). Career: Chief Operating Officer, Hycroft Mining Corporation (Jan 2021-Jun 2025), a real Nevada heap-leach gold-silver operation that carried recurring going-concern doubts for much of his tenure tied to underperforming recoveries, not attributable to him personally, and had begun a credible technical turnaround by the time he departed; permitting and operating experience gained earlier at Barrick and Newmont; began his career at the Homestake Mine in 1987.

Chief Development Officer of Dakota Gold Corp. effective Aug 2026 (an internal promotion, newly-created role responsible for shareholder engagement and sourcing Richmond Hill construction financing), previously Chief Financial Officer since Mar 2022. No successor CFO was named in the Company's own Aug 2026 leadership announcement. CPA, CA and CFA charterholder. Career: CFO, GT Gold Corp. (Nov 2019-May 2021), through the Company's real, completed acquisition by Newmont Corporation (already tracked in this DB, NEM), finalized 17 May 2021 (~US$361 million all-cash); Head of Investor Relations (Apr 2018-Oct 2019) and Head of Finance for Canada and the U.S. (Jul 2013-Mar 2016), Goldcorp Inc. (merged into Newmont in 2019, not separately tracked in this DB); Analyst, Macquarie Capital Markets Canada Ltd. (2011-2013).

SVP, Chief Legal Officer and Corporate Secretary of Dakota Gold Corp., appointed June 2025 after three years as an independent director. Previously Vice President-Governance at Black Hills Corporation. JD, University of South Dakota School of Law.

Vice President, Project Development at Dakota Gold Corp., joined August 2025. Over 34 years in process operations and engineering across gold, base metals and industrial minerals, with senior positions at Barrick and Newmont. BS Metallurgical Engineering.

VP Operations at Dakota Gold Corp., joined 2021. 27 years with Barrick Gold in Nevada, including Mine Manager at Cortez; previously Mine Manager at McEwen Mining. BS Geological Engineering, South Dakota School of Mines.

VP of Investor Relations and Corporate Communications at Dakota Gold Corp., joined May 2022. 15+ years of mining capital markets experience; previously Senior Investor Relations Associate at Pretium Resources.

Environmental Director at Dakota Gold Corp., joined May 2022. Three decades of environmental permitting and compliance experience with mining properties, including roles at Cloud Peak Energy and AngloGold Ashanti.

Senior Manager, Geology at Dakota Gold Corp., joined 2022. Over 40 years of mineral exploration and project evaluation experience; previously VP Exploration at Pacific Rim Mining and Director at OceanaGold.

VP External Relations at Dakota Gold Corp. Extensive public, governmental and media relations experience in South Dakota; previously Director of Development for South Dakota Mines.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
3/10

Orion Resource Partners, one of the best-known specialist mining investors -- it does mine finance, royalties and streaming rather than passive allocation -- holds 9.6% and got there by adding: it was at about 7.78% after its first investment in 2023 and reported 9.6% in a Schedule 13G/A as at 30 September 2024, and Dakota Gold was still among its largest reported positions in March 2026. Working against that, four different insiders sold shares between October 2025 and February 2026 -- including 250,000 by Robert Quartermain -- and not one of them bought.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.

AI take

Balance sheet: Total liabilities $2,849,972, consisting of accounts payable/accrued ($2,681,719), current lease liabilities ($114,579), non-current lease liabilities ($53,674), and $0 'Other non-current liability'. No notes payable, loans, or credit facility line. The $114,579 current-lease figure exactly matches what EODHD's shortTermDebt field showed for DC.