Dakota Gold (DC) Research & Development (2021 - 2025)
Dakota Gold (DC) recorded quarterly Research & Development of $7.7 million in Q3 2025, up 53.2% quarter-over-quarter from $5.0 million in Q2 2025, and down 1.46% on a YoY basis from $7.8 million in Q3 2024.
Dakota Gold (DC) Research & Development (2021 - 2025) Analysis & Trends
Dakota Gold's Research & Development history runs 5 years deep, the most recent figure standing at $7.7 million for Q3 2025.
- In Q3 2025, Research & Development fell 1.46% year-over-year to $7.7 million; the TTM figure through Sep 2025 stood at $17.6 million (down 36.73% YoY), while the FY2024 annual figure was $23.7 million, down 16.36% from the prior year.
- Research & Development was $7.7 million for Q3 2025 at Dakota Gold, up from $5.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $7.8 million in Q3 2024 to a low of $1.2 million in Q1 2022.
- Historically, Research & Development has averaged $4.7 million across 5 years, with a median of $4.8 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 149.48% in 2022, then tumbled 70.77% in 2025.
- A 5-year view of Research & Development shows it stood at $2.1 million in 2021, then soared by 127.25% to $4.7 million in 2022, then soared by 48.86% to $7.0 million in 2023, then plunged by 57.92% to $2.9 million in 2024, then surged by 162.38% to $7.7 million in 2025.
- The last three Research & Development figures came in at $7.7 million (Q3 2025), $5.0 million (Q2 2025), and $1.9 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 116.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 7.50 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 38.20 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 45.00 Mn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | -60.00 Mn |
| 10 | Dakota Gold | 25.85 Mn | -3.84 Mn | - | - |
Historic Data
Download 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 |
| Dec 31, 2023 | 6.96 Mn |
| Sep 30, 2023 | 6.94 Mn |
| Jun 30, 2023 | 7.60 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 |