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An announcement from Dakota Gold Corp ( (DC) ) is now available.
On July 7, 2025, Dakota Gold Corp announced the results of its updated S-K 1300 Initial Assessment Technical Report for the Richmond Hill Gold Project, highlighting robust economic potential. The report outlines a low-capital, open-pit gold heap leach operation with significant profit potential, with a projected after-tax NPV of up to $3.7 billion and an IRR of 107% at recent gold prices. The project is expected to generate substantial economic benefits for South Dakota, including $400 million in state severance taxes and hundreds of high-paying jobs, with production targeted to begin in 2029.
The most recent analyst rating on (DC) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Dakota Gold Corp stock, see the DC Stock Forecast page.
More about Dakota Gold Corp
Dakota Gold Corp operates in the mining industry, focusing on gold exploration and development projects. The company is primarily engaged in the development of the Richmond Hill Gold Project in South Dakota, which is one of the largest development stage oxide gold resources in the United States.
Average Trading Volume: 563,763
Technical Sentiment Signal: Buy
Current Market Cap: $422.9M
For a thorough assessment of DC stock, go to TipRanks’ Stock Analysis page.