Dakota Gold Corp. (NYSE: DC)

Sector: Basic Materials Industry: Gold CIK: 0001852353
Market Cap 615.21 Mn
P/B 5.31
P/E -23.00
P/S 0.00
ROIC (Qtr) -22.97
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 236,938.00
Debt/Equity (Qtr) 0.00

About

Price action

Investment thesis

Bull case

  • Healthy cash reserves of 33.02M provide 250.08x coverage of short-term debt 132047, demonstrating strong liquidity position and minimal refinancing risk.
  • Operating cash flow of (25.96M) provides exceptional 20140.14x coverage of interest expenses (1289), showing strong debt service capability.
  • Strong tangible asset base of 119.25M provides 503.29x coverage of total debt 236938, indicating robust asset backing and low credit risk.
  • Free cash flow of (26.26M) provides exceptional 20369.67x coverage of interest expense (1289), showing strong debt service ability.
  • Robust tangible asset base of 119.25M provides 3.84x coverage of working capital 31.04M, indicating strong operational backing.

Bear case

  • Investment activities of (295866) provide weak support for R&D spending of 17.55M, which is -0.02x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (25.96M) shows concerning coverage of stock compensation expenses of 3.29M, with a -7.89 ratio indicating potential earnings quality issues.
  • Free cash flow of (26.26M) provides weak coverage of capital expenditures of 295866, with a -88.74 ratio suggesting additional external financing needs for growth initiatives.
  • Operating cash flow of (25.96M) provides minimal -386.17x coverage of tax expenses of 67226, suggesting potential tax planning inefficiencies or unsustainable tax positions.
  • Operating earnings of (26.68M) show weak coverage of depreciation charges of 201238, with a -132.59 ratio indicating high capital intensity and potential reinvestment needs.

Peer comparison

Companies in the Gold
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 NEM NEWMONT Corp /DE/ 121.63 Bn 16.92 5.66 5.65 Bn
2 AEM Agnico Eagle Mines Ltd 96.06 Bn 27.86 9.09 0.34 Bn
3 B Barrick Mining Corp 82.76 Bn 23.10 5.67 4.71 Bn
4 WPM Wheaton Precious Metals Corp. 56.61 Bn 56.52 30.93 0.01 Bn
5 FNV FRANCO NEVADA Corp 44.11 Bn 47.96 28.52 0.00 Bn
6 KGC Kinross Gold Corp 38.43 Bn 21.85 5.96 1.24 Bn
7 PAAS Pan American Silver Corp 19.78 Bn 31.19 6.08 0.86 Bn
8 AGI Alamos Gold Inc 17.45 Bn 32.41 10.85 0.28 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 4.81 3.17
EV to Cash from Ops. EV/CFO -22.09 -11.55
EV to Debt EV to Debt 2,420.54 548.67
EV to EBIT EV/EBIT -21.49 12.24
EV to EBITDA EV/EBITDA -20.91 3.14
EV to Free Cash Flow [EV/FCF] EV/FCF -21.84 12.17
EV to Market Cap EV to Market Cap 0.93 1.72
EV to Revenue EV to Revenue 0.00 7.50
Price to Book Value [P/B] P/B 5.31 5.26
Price to Earnings [P/E] P/E -23.00 -1.39
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) 0.00 1.54
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 5.40
Dividend per Basic Share Div per Share (Qtr) 0.00 0.17
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 10.25
Interest Coverage Int. cover (Qtr) 20,700.14 406.21
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 73.37 -97.36
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 124.71 130.91
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 -5.27
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 26.76 518.35
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 26.67 53.19
EBIT Growth (1y) % EBIT 1y % (Qtr) 27.75 679.30
EBT Growth (1y) % EBT 1y % (Qtr) 28.03 144.05
EPS Growth (1y) % EPS 1y % (Qtr) 40.48 224.62
FCF Growth (1y) % FCF 1y % (Qtr) 15.26 171.65
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 84.25
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.26
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.03
Cash Ratio Cash Ratio (Qtr) 11.28 3.14
Current Ratio Curr Ratio (Qtr) 11.61 4.90
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 0.27
Interest Cover Ratio Int Coverage (Qtr) 20,700.13 406.21
Times Interest Earned Times Interest Earned (Qtr) 20,700.13 406.21
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -19.19
EBIT Margin % EBIT Margin % 0.00 -44.57
EBT Margin % EBT Margin % 0.00 -34.79
Gross Margin % Gross Margin % 0.00 30.59
Net Profit Margin % Net Profit Margin % 0.00 -40.44