Dakota Gold Corp. (DC) Form 10-Q — May 14, 2026
Dakota Gold Corp. reported a net loss of $8.5 million for the quarter ended March 31, 2026, driven by increased exploration spending of $6.5 million as it ramps up drilling at the Richmond Hill and Maitland projects. The company had no operating revenue, consistent with its status as a pre-production exploration stage company. Despite the operating loss, the company’s financial position strengthened significantly, with cash and cash equivalents rising from $29.7 million to $106.9 million.
Key figures
- Total Debt
- 2849972
- Total Assets
- 193680027
- Cash Position
- 106905440
- Shares Outstanding
- 133928097
- Gna Expenses
- 2468078
- Offering Price
- 6.08
- Interest Income
- 527544
- Net Proceeds ATM
- 3487919
- Shares Issued ATM
- 586749
- Warrants Exercised
- 5239821
- Exploration Expenses
- 6517489
- Proceeds Warrant Exercise
- 10898838
- Net Proceeds Public Offering
- 71776027
- Shares Issued Public Offering
- 12561000
- Gross Proceeds Public Offering
- 75000000
Price after filing
Close on the filing date to close N calendar days later (from $6.25). Historical, not a forecast.
AI analysis
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