Dakota Gold Financials

DC Stock  USD 2.24  0.01  0.44%   
Based on the measurements of operating efficiency obtained from Dakota Gold's historical financial statements, Dakota Gold Corp may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At present, Dakota Gold's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 108.7 M, whereas Retained Earnings are projected to grow to (40.5 M). Key indicators impacting Dakota Gold's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00240.0026
Notably Down
Slightly volatile
Current Ratio10.675.7891
Way Up
Very volatile
Investors should never underestimate Dakota Gold's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Dakota Gold's cash flow, debt, and profitability to make informed and accurate decisions about investing in Dakota Gold Corp.

Net Income

(34.63 Million)

  
Understanding current and past Dakota Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dakota Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Dakota Gold's assets may result in an increase in income on the income statement.
Please note, the presentation of Dakota Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dakota Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Dakota Gold's management manipulating its earnings.

Dakota Gold Stock Summary

Dakota Gold competes with Aurion Resources, Golden Star, Paramount Gold, Vista Gold, and Orezone Gold. Dakota Gold Corp. engages in the acquisition and exploration of mineral properties. Dakota Gold Corp. was incorporated in 2017 and is based in Lead, South Dakota. Dakota Gold operates under Gold classification in the United States and is traded on AMEX Exchange. It employs 24 people.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
CUSIP46655E100
LocationSouth Dakota; U.S.A
Business Address106 Glendale Drive,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.dakotagoldcorp.com
Phone605 717 2540
CurrencyUSD - US Dollar

Dakota Gold Key Financial Ratios

Dakota Gold Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets849.6K70.6M120.1M105.0K109.1M114.6M
Retained Earnings(331.5K)25.7M13.1M(6.2K)(42.7M)(40.5M)
Cash141.8K11.4M41.4M23.9K25.5M26.8M
Capital Surpluse2.8M12.1M100.7M107.3M123.4M129.6M
Total Liab88.0K11.6M6.3M3.8K5.6M4.2M
Total Current Assets849.6K11.8M41.9M24.6K26.0M27.3M
Short Term Debt360.8K330.1K906.8K0.0135.1K128.3K
Common Stock14.8K35.1K70.9K73.3486.7K91.1K

Dakota Gold Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Income3.4K32.4K24.6K72.6K414.2K434.9K
Operating Income(169.7K)(2.1M)(31.3M)(28.9K)(38.0M)(36.1M)
Income Before Tax(193.3K)25.1M(31.4M)(28.8K)(37.7M)(35.8M)
Net Income(176.3K)26.0M(25.7M)(25.7K)(36.4M)(34.6M)

Dakota Gold Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash139.8K11.3M30.0M30.0K(15.9M)(15.1M)
Capital Expenditures428.5K13.7M9.1M1.7K1.7M1.6M
Net Income(193.3K)25.5M(25.7M)(25.7K)(36.4M)(34.6M)
End Period Cash Flow141.8K11.4M41.4M41.4K25.5M14.4M

Dakota Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dakota Gold's current stock value. Our valuation model uses many indicators to compare Dakota Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dakota Gold competition to find correlations between indicators driving Dakota Gold's intrinsic value. More Info.
Dakota Gold Corp is rated # 4 in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Dakota Gold's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dakota Gold's earnings, one of the primary drivers of an investment's value.

Dakota Gold Corp Systematic Risk

Dakota Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dakota Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Dakota Gold Corp correlated with the market. If Beta is less than 0 Dakota Gold generally moves in the opposite direction as compared to the market. If Dakota Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dakota Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dakota Gold is generally in the same direction as the market. If Beta > 1 Dakota Gold moves generally in the same direction as, but more than the movement of the benchmark.
This Stock does not participate in any thematic ideas. You can create a thematic portfolio hereView All Thematic Ideas
Today, most investors in Dakota Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dakota Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dakota Gold growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.2)

At present, Dakota Gold's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Dakota Gold November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dakota Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dakota Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dakota Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Dakota Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dakota Gold's daily price indicators and compare them against related drivers.

Complementary Tools for Dakota Stock analysis

When running Dakota Gold's price analysis, check to measure Dakota Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dakota Gold is operating at the current time. Most of Dakota Gold's value examination focuses on studying past and present price action to predict the probability of Dakota Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dakota Gold's price. Additionally, you may evaluate how the addition of Dakota Gold to your portfolios can decrease your overall portfolio volatility.
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