Majestic Gold Corp.’s Soaring Q2 Financials

Majestic Gold (TSE:MJS) has released an update.

Majestic Gold Corp. has reported a strong second quarter for 2024, with a 17.7% increase in revenue to $33.6 million and a net income surge of 52.1% to $11.1 million, despite a slight drop in gold production. The company’s financial health appears robust, with significant cash reserves and a special dividend announced, signaling a potentially attractive opportunity for investors.

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