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The latest update is out from Majestic Gold ( (TSE:MJS) ).
Majestic Gold Corp. has announced the granting of 24,700,000 stock options to its directors, officers, employees, and consultants as part of its Stock Option Plan. These options, exercisable at $0.15 per share for five years, are intended to align the interests of the stakeholders with the company’s growth objectives and are subject to a four-month hold period and TSX Venture Exchange policies.
Spark’s Take on TSE:MJS Stock
According to Spark, TipRanks’ AI Analyst, TSE:MJS is a Outperform.
Majestic Gold’s overall score is driven by its strong financial performance and strategic corporate actions. While technical analysis and valuation suggest moderate performance, the company’s minimal leverage and consistent growth in key financial metrics position it well for future growth.
To see Spark’s full report on TSE:MJS stock, click here.
More about Majestic Gold
Majestic Gold Corp., based in British Columbia, is a junior gold producer focused on low-cost commercial gold production in eastern Shandong Province, China. The company’s main operations are at the Songjiagou Gold Mines and the Mujin Gold Project.
Average Trading Volume: 1,191,126
Technical Sentiment Signal: Buy
Current Market Cap: C$161.6M
See more insights into MJS stock on TipRanks’ Stock Analysis page.