Dakota Gold Corp. Q2 2026: Revenue $0 EPS $(0.06) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Dakota Gold Corp. reported Q2 2026 results with $0 revenue and a net loss of $8.35M, resulting in a diluted EPS loss of $(0.06). The company is advancing the Richmond Hill project toward Pre-Feasibility status in H2 2026, with metallurgical testing ongoing for completion by Q4 2026. Drilling activities continue at Richmond Hill and Maitland, supported by fifteen active permits.
Dakota Gold Corp. reported second-quarter 2026 results with no operating revenue and a wider net loss versus the year‑ago quarter. The company posted revenue of $0 and a net loss of $8.35M, translating to diluted loss per share of $(0.06), matching the prior-year quarter's EPS.
Financial Highlights
- Revenue was $0 for Q2 2026, unchanged from Q2 2025 (no operating revenues).
- Net income was a loss of $8.35M for Q2 2026, versus a loss of $6.47M in Q2 2025 (worsened year over year).
- Diluted earnings per share was a loss of $(0.06) for Q2 2026, equal to $(0.06) in Q2 2025.
Business Highlights
- Drilling and exploration scale-up: Since 2022 the company completed 587 holes (547,268 ft); 2026 drilling plans include roughly 15,500m at Richmond Hill and 5,600m at Maitland.
- Resource development: Richmond Hill is being advanced from an Initial Assessment toward Pre‑Feasibility in H2 2026 with a Feasibility target in 2027.
- Metallurgical testing: An advanced metallurgical test program is underway with final results targeted for Q4 2026 to inform heap‑leach and processing design.
- Permitting and site preparation: The company holds fifteen active permits, continues environmental baseline work, and plans Notice of Intent and county/state permitting to enable construction readiness.
Original SEC Filing: Dakota Gold Corp. [ DC ] - 10-Q - Aug. 12, 2026