Dakota Gold (DC) Research & Development (2021 - 2025)
Dakota Gold (DC) recorded Research & Development of $7.69 million in Q3 2025, down 1.5% from $7.8 million a year earlier but up 53.2% from the prior quarter.
Powered by 
Analysis
Dakota Gold (DC) Research & Development (2021 - 2025) Analysis & Trends
On a TTM basis, Dakota Gold's Research & Development came in at $17.55 million as of Sep 30, 2025, down 36.7% year-over-year; for FY2024, it was $23.71 million, down 16.4% from FY2023.
- Annual Research & Development has a three-year compound annual growth rate of 343.5% (FY2021 to FY2024).
- Across earlier years, Research & Development came in at $28.35 million in FY2023 (+106.2%), $13.75 million in FY2022 and $271,853 in FY2021.
- Quarterly Research & Development has ranged from $1.91 million in Q1 2025 to $7.8 million in Q3 2024 over the past five years.
- On a year-over-year basis, Research & Development has declined for four consecutive quarters, with an average decline of 25.9% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $5.02 million (Q2 2025), $1.91 million (Q1 2025) and $2.93 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 47.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Dakota Gold | 828.55 Mn | 828.55 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 7.69 Mn |
| Jun 30, 2025 | 5.02 Mn |
| Mar 31, 2025 | 1.91 Mn |
| Dec 31, 2024 | 2.93 Mn |
| Sep 30, 2024 | 7.80 Mn |
| Jun 30, 2024 | 6.43 Mn |
| Mar 31, 2024 | 6.55 Mn |
| Sep 30, 2023 | 6.94 Mn |
| Jun 30, 2023 | 7.60 Mn |
| Mar 31, 2023 | 6.84 Mn |
| Sep 30, 2022 | 4.68 Mn |
| Jun 30, 2022 | 3.77 Mn |
| Mar 31, 2022 | 1.22 Mn |
| Dec 31, 2021 | 2.06 Mn |
| Sep 30, 2021 | 1.88 Mn |
| Jun 30, 2021 | 2.18 Mn |
API Access
Dakota Gold Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=DC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "DC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=DC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();