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Majestic Gold ( (TSE:MJS) ) has provided an announcement.
Majestic Gold Corp. has completed the acquisition of a 52% interest in the Target Company and the Muping Gold Project through its subsidiary, Persistence Resources Group Ltd. This acquisition makes Majestic the controlling shareholder, allowing it to consolidate the Target Company’s financial results into its own statements, potentially enhancing its market position and operational scale.
More about Majestic Gold
Majestic Gold Corp., based in British Columbia, is a junior gold producer focused on low-cost commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China.
YTD Price Performance: 20.0%
Average Trading Volume: 119,542
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$93.84M
Find detailed analytics on MJS stock on TipRanks’ Stock Analysis page.