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
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