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
DateValue
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