Estados financieros detallados de Dakota Gold Corp. (DC): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Márgenes de los últimos 12 meses: margen bruto 0.0%, margen operativo 0.0%, margen neto 0.0%.
Al precio actual de $5.68, DC presenta beneficios negativos (P/E no significativo) y un ROE del -23.97%. La capitalización bursátil es de $761M.
Cuenta de Resultados (10 años)
| Año | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Coste de Ventas | 0 | 0 | 0 | $134004 | 0 | 0 | 0 |
| Beneficio Bruto | 0 | 0 | 0 | -$134004 | 0 | 0 | 0 |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $108373 | $1.8M | $23.9M | $31.1M | $9.7M | $10.6M | $9.8M |
| Gastos Operativos | $156041 | $2.1M | $31.3M | $31.1M | $38.0M | $34.3M | $30.8M |
| Beneficio Operativo | -$169673 | -$2.1M | -$31.3M | -$31.3M | -$38.0M | -$34.3M | -$30.8M |
| EBITDA | -$115435 | -$2.1M | -$31.2M | -$31.2M | -$37.4M | -$33.5M | -$29.4M |
| Gastos por Intereses | 0 | 0 | 0 | 0 | 0 | $137483 | 0 |
| Beneficio Antes de Impuestos | -$193283 | $25.1M | -$31.4M | -$31.4M | -$37.7M | -$33.9M | -$29.6M |
| Impuestos | 0 | -$413424 | -$5.7M | -$5.7M | -$1.2M | -$7835 | -$62999 |
| Beneficio Neto | -$193283 | $26.0M | -$12.6M | -$12.6M | -$36.4M | -$33.9M | -$29.5M |
| BPA | $-0.00 | $0.37 | $-0.18 | $-0.35 | $-0.47 | $-0.37 | $-0.27 |
| BPA Diluido | $-0.00 | $0.37 | $-0.18 | $-0.35 | $-0.47 | $-0.37 | $-0.27 |
| Acciones en Circulación (Diluidas) | $70.9M | $70.9M | $70.9M | $72.1M | $78.3M | $90.9M | $108.9M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | 0 | 0 | 0 | 0 |
| Beneficio Bruto | 0 | 0 | 0 | 0 |
| Beneficio Operativo | -$10.9M | -$9.2M | -$9.0M | -$9.2M |
| EBITDA | -$10.4M | -$8.9M | -$8.9M | -$9.2M |
| Beneficio Neto | -$10.5M | -$8.8M | -$8.5M | -$8.3M |
| BPA | $-0.09 | $-0.08 | $-0.07 | $-0.06 |
| BPA Diluido | $-0.09 | $-0.08 | $-0.07 | $-0.06 |
Balance (10 años)
| Año | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $141768 | $11.4M | $41.4M | $23.9M | $25.5M | $9.4M | $29.7M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $707834 | 0 | $94807 | 0 | 0 | 0 | 0 |
| Inventario | -$708 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $849602 | $11.8M | $41.9M | $24.6M | $26.0M | $9.9M | $30.4M |
| Inmovilizado Material | 0 | $58.8M | $78.2M | $80.0M | $81.6M | $85.0M | $85.0M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $849602 | $70.6M | $120.1M | $105.0M | $108.2M | $95.4M | $115.9M |
| Cuentas por Pagar | $87964 | $527512 | $2.1M | $1.8M | $2.7M | $1.7M | $1.5M |
| Deuda a Corto | 0 | $906768 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $87964 | $1.8M | $2.5M | $2.5M | $4.5M | $2.7M | $3.0M |
| Deuda a Largo | 0 | $473325 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $87964 | $11.6M | $6.3M | $3.8M | $4.7M | $3.2M | $3.3M |
| Reservas | -$331453 | $25.7M | $13.1M | -$6.2M | -$42.7M | -$76.5M | -$106.1M |
| Patrimonio Neto | $761638 | $37.8M | $113.8M | $101.2M | $103.5M | $92.2M | $112.5M |
| Deuda Total | 0 | $1.4M | 0 | 0 | $229612 | $326946 | $205666 |
| Deuda Neta | -$141768 | -$10.1M | -$41.4M | -$23.9M | -$25.3M | -$9.1M | -$29.5M |
| Capital Circulante | $761638 | $10.1M | $39.3M | $22.1M | $21.5M | $7.2M | $27.4M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $33.0M | $29.7M | $106.9M | $99.3M |
| Activos Totales | $119.2M | $115.9M | $193.7M | $187.8M |
| Pasivos Totales | $3.3M | $3.3M | $2.8M | $4.0M |
| Patrimonio Neto | $116.0M | $112.5M | $190.8M | $183.8M |
| Deuda Total | $236938 | $205666 | $168253 | $1.1M |
Flujo de Caja (10 años)
| Año | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$193283 | $25.5M | -$25.7M | -$12.6M | -$36.4M | -$33.9M | -$29.5M |
| Amortizaciones | 0 | $17306 | $134004 | $134004 | $302078 | $254978 | $198764 |
| Compensación en Acciones | 0 | $121385 | $19.6M | 0 | $4.3M | $3.8M | $3.5M |
| Cambio en Capital Circulante | -$10268 | -$410866 | $1.6M | $1.6M | $1.8M | -$1.7M | $441173 |
| Flujo de Caja Operativo | -$169294 | -$2.2M | -$9.9M | -$9.9M | -$31.3M | -$31.5M | -$25.4M |
| Inversiones (CapEx) | -$428459 | -$13.7M | -$9.1M | -$9.1M | -$1.7M | -$573584 | -$381798 |
| Adquisiciones | 0 | $9.7M | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$597753 | -$15.9M | -$19.1M | -$19.1M | -$33.0M | -$32.1M | -$25.8M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$9.8M | -$7.1M | -$8.1M | -$7.4M |
| Inversiones (CapEx) | -$276244 | -$85554 | -$823824 | -$635139 |
| Flujo de Caja Libre | -$10.1M | -$7.2M | -$9.0M | -$8.0M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $1.0M | $1.1M | $567419 | $972520 |
Crecimiento y Márgenes (10 años)
| Año | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Beneficio Neto (anual) | | +13557.4% | -148.5% | +0.0% | -189.0% | +7.0% | +12.8% |
| Crecimiento BPA (anual) | | +13803.7% | -148.6% | -96.9% | -32.6% | +21.3% | +27.0% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +1.7% | +8.5% | +16.1% | +19.8% |
| Crecimiento FCF (anual) | | -2552.1% | -20.2% | -0.0% | -73.0% | +2.7% | +19.4% |
| Tasa Impositiva Efectiva | -0.0% | -1.6% | 18.1% | 18.1% | 3.2% | 0.0% | 0.2% |
Datos por Acción (10 años)
| Año | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.01 | $-0.22 | $-0.27 | $-0.26 | $-0.42 | $-0.35 | $-0.24 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $70.9M | $70.9M | $70.9M | $72.1M | $78.3M | $90.9M | $108.9M |
Qué mirar en Basic Materials
Mineras, químicas, acero. 100% commodity-driven. Analizar con P/E puro es un error — mira posición de costes y sostenibilidad del dividendo.
- FCF yield — En commodities el FCF es oro — EPS engaña mucho
- Margen bruto — Margen bruto consistente 5y = señal de moat
- Deuda neta / EBITDA (valle) — Usar EBITDA del peor año del ciclo, no el actual
- Dividend coverage — Dividendo cubierto por FCF en año medio, no en pico
- Capex / D&A — >1x = mantienen/crecen reservas. <0.7x = están descapitalizando
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
- P/B en ciclos — Commodities: 0.8-1.2x en valles, 2x+ en picos. <2x aún zona razonable
Rentabilidad
| Rentabilidad sobre capital | -23.97% |
| Rentabilidad sobre capital invertido | -20.66% |
| Rentabilidad sobre activos | -19.24% |
| Margen bruto | 0.00% |
| Margen operativo | 0.00% |
| Margen neto | 0.00% |
Salud financiera
| Deuda / Patrimonio | 0.01 |
| Ratio corriente | 33.50 |
Ratios Clave (10 años)
| Año | 2020 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -2555.56 | 18.65 | -38.33 | -8.60 | -5.57 | -5.95 | -21.04 |
| P/VC | 641.87 | 12.93 | 4.29 | 2.17 | 1.98 | 2.17 | 5.50 |
| P/V | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Margen Bruto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Margen Operativo | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Margen Neto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |