Dakota Gold Corp. Common Stock (DC)

FairStock Score: 20/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that produce cash and sell for less than they are worth. Dakota Gold is not there yet. It acquires, explores, and develops gold properties in the United States, but filed figures show revenue n/a and continuing losses. In fiscal 2025, the year ended 2025-12-31, it reported a net loss of $29.5 million and diluted EPS of -$0.27. Fiscal 2024 showed a net loss of $33.9 million and EPS of -$0.37, while fiscal 2023 lost $36.4 million, or -$0.47 per share. More recently, in fiscal Q2 2026, the quarter ended 2026-06-30, the net loss was $8.3 million, or -$0.06 per share. Trailing free cash flow was -$34.2 million, a FCF yield of -4.5%, so the enterprise consumes cash. The balance sheet has low leverage, with D/E of 0.01, and an Altman Z-Score of 114.37, but Piotroski is 0/9 and FairStock Score is 20/100. At the 2026-10-13 close of $5.70, FairStock calculations show a market cap of $764.8 million, P/B of 4.16, P/E of -19.00, ROE of -23.44%, and ROCE of -15.16%. A pre-revenue explorer is a price taker with no durable moat unless it can prove economic gold. Without earnings, there is no Graham margin of safety; the value rests on geology and future gold prices. I would call it a speculative option, not a proven business.

In plain English: Dakota Gold explores for gold in the United States. It does not yet sell gold or make a profit; it has lost money in each of the past four years and uses more cash than it brings in. At $5.70, the stock looks expensive compared with its accounting value and current losses.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer