Dakota Gold Corp. (DC) Form 10-Q — Aug 12, 2026
Dakota Gold Corp. reported a Q2 2026 net loss of $8.3 million versus $6.5 million a year earlier, with six-month losses widening to $16.8 million from $10.2 million as the pre-revenue explorer accelerated drilling and studies. Exploration expenses rose to $6.5 million in the quarter on higher assay, drilling, and metallurgical study costs at the Richmond Hill and Maitland projects. Cash and cash equivalents climbed to $99.3 million as of June 30, 2026 from $29.7 million at year-end 2025, boosted by a February 2026 public offering that raised $71.7 million net (12,561,000 shares at $6.08), $10.9 million from warrant exercises, and $3.5 million from the ATM program.
Key figures
- Revenue
- 0
- Total Assets
- 187838392
- Cash Position
- 99296041
- Shares Outstanding
- 134172991
- Atm capacity
- 50000000
- Gna expenses q2
- 2728929
- Total liabilities
- 4001932
- Interest income q2
- 869539
- Stockholders equity
- 183836460
- Weighted avg shares q2
- 133847641
- Exploration expenses q2
- 6505315
- Share count dec 31 2025
- 114068842
- February 2026 offering shares
- 12561000
- Mineral properties carrying value
- 83390889
- Exploration expenses q2 prior year
- 5018606
- February 2026 offering net proceeds
- 71711027
- February 2026 offering gross proceeds
- 76400000
- February 2026 offering price per share
- 6.08
Price after filing
Close on the filing date to close N calendar days later (from $6.27). Historical, not a forecast.
AI analysis
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