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% on a QoQ basis from $5.0 million in Q2 2025.
Dakota Gold (DC) Research & Development (2021 - 2025) Analysis & Trends
Dakota Gold (DC) has reported Research & Development for 5 consecutive years, with $7.7 million the latest figure, recorded in 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 came in at $7.7 million for Q3 2025 at Dakota Gold, up from $5.0 million in the prior quarter.
- The five-year high for Research & Development was $7.8 million in Q3 2024, with the low at $1.2 million in Q1 2022.
- Average Research & Development over 5 years is $4.7 million, with a median of $4.8 million recorded in 2022.
- Across the five-year window, Research & Development jumped 149.48% in 2022 and plunged 70.77% in 2025, its largest moves.
- Year by year, Research & Development 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 sank by 57.92% to $2.9 million in 2024, then surged by 162.38% to $7.7 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $7.7 million, $5.0 million, and $1.9 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 116.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 45.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -2.55 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -177,000.00 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 38.20 Mn |
| 10 | Dakota Gold | 461.71 Mn | 461.71 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 |