Stock fact sheet · data as of
Dakota Gold Corp. (DC): fair value, margin of safety and Wheel Score
Ticker symbol DC · Basic Materials · Gold · United States · Speculative
Is DC undervalued?
At 5.71 (close of 5 Nov 2026), DC trades 2110% over the GLS average fair value of 0.2584, with 0 of 1 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
The average is built from just 1 models (DCF) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files DC under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for DC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 0.2584 | -95% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 0.2014 | -96% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 10.75 | +88% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Dakota Gold Corp. scores only 2 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 1.5/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -26.2%, ROE -26.3%, ROA -25.5% - with debt at 0.00 times equity and negative free cash flow.
Dakota Gold Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 7/10, insider activity 8/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | -26.2% |
|---|---|---|---|
| GLS Moat | 1.5 / 10 | ROE | -26.3% |
| Debt / equity | 0.00 | ROA | -25.5% |
| Free-cash-flow yield | -4.5% | Payout ratio | 0% |
| Institutions | 7 / 10 | Insiders · Congress | 8 · 5 / 10 |
Wheel Score 20: Weak
With a Wheel Score of 20 Dakota Gold Corp. sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 2110% above our fair value; and filter 4, financially healthy - Piotroski 2/9 (under 6); and filter 6, no serious red flags - Red Flags score 45 (under 60); and filter 8, big enough - market cap $766M (under $1.0B); Value (weak) is its weakest part.
Implied volatility is 65% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is 14,160 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.3M shares a day on a market cap of $766M, with a beta of 1.27 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 2110% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 2/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 45 (under 60) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $766M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 2110% above fair value | |
| Premium | Strong | implied volatility 65% | |
| Moat | Weak | moat 1.5/10 | |
| Health | Weak | Piotroski 2/9 | |
| Red Flags | Weak | Red Flags score 45/100 | |
| Option trading | Weak | 145 contracts a day, 14,160 open interest | |
| Stability | Fair | beta 1.27, $766M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Dakota Gold Corp. reports earnings on 12 Nov 2026 - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
In the last 30 days analysts logged 3 upgrades and 2 downgrades on DC; the latest action was an upgrade by Barclays on 4 Nov 2026.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Gold
The 12 companies below are the closest to Dakota Gold Corp. by market cap within the Gold industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| OGG Osisko Gold Group Inc. | 2.36 | - | - | 17Weak | $745M |
| MAKO Mako Mining Corp. | 7.89 | 19.20 | +59% | 30No options | $691M |
| GROY Gold Royalty Corp. | 2.89 | 0.3365 | -759% | 34Weak | $670M |
| RBTK Zhen Ding Resources Inc. | 7.98 | 0.0120 | -66467% | 13No options | $886M |
| GAU Galiano Gold Inc. | 2.08 | 8.51 | +76% | 45Weak | $544M |
| CNL Collective Mining Ltd. | 12.09 | 1.50 | -706% | 12No options | $1.1B |
| CTGO Contango Silver & Gold Inc. | 15.22 | 16.12 | +6% | 27Weak | $509M |
| IAUX i-80 Gold Corp | 1.38 | - | - | 9No options | $1.2B |
| THM International Tower Hill Mines Ltd. | 1.74 | 0.0059 | -29427% | 9No options | $455M |
| CMCL Caledonia Mining Corporation Plc | 20.61 | 96.25 | +79% | 50Fair | $398M |
| VGZ Vista Gold Corp. | 2.69 | 0.1060 | -2437% | 26Weak | $393M |
| AUXX Gold X2 Mining Inc. | 3.86 | - | - | 12No options | $391M |
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Start free See the Sunday ScanQuestions about DC
Is DC undervalued right now?
No: at 5.71 the stock trades 2110% above the GLS average fair value of 0.2584 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of DC and what does it mean?
DC scores 20 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 6, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for DC?
0.2584 per share as of 5 Nov 2026 - the simple average of the 1 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Dakota Gold Corp. report earnings next?
The next earnings report is due on 12 Nov 2026, 7 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does DC have listed options, and how liquid are they?
Yes. The nightly snapshot found 6 listed contracts with 14,160 open interest across all expiries and implied volatility of 65% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.