Dakota Gold (DC) Research & Development (2021 - 2025)
Dakota Gold (DC) posted quarterly Research & Development of $7.7 million for Q3 2025, down 1.46% year-over-year from $7.8 million in Q3 2024, and up 53.2% quarter-over-quarter from $5.0 million in Q2 2025.
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 for Q3 2025 stood at $7.7 million, up from $5.0 million in the prior quarter.
- The five-year high for Research & Development was $9.7 million in Q3 2022, with the low at $1.2 million in Q1 2022.
- The 5-year median for Research & Development is $5.7 million (2024), against an average of $5.1 million.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 415.53% in 2022, then slumped 70.77% in 2025.
- Dakota Gold's Research & Development stood at $2.1 million in 2021, then surged by 369.59% to $9.7 million in 2022, then declined by 27.96% to $7.0 million in 2023, then tumbled by 57.92% to $2.9 million in 2024, then jumped by 162.38% to $7.7 million in 2025.
- Business Quant data shows DC's Research & Development at $7.7 million in Q3 2025, $5.0 million in Q2 2025, and $1.9 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 69.00 Mn |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 61.53 Mn |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 134.00 Mn |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | -37.00 Mn |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | - |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | - |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | - |
| 10 | Dakota Gold | 827.85 Mn | 827.85 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 | 9.67 Mn |
| Jun 30, 2022 | 4.99 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 |