Majestic Gold (MJS) AI Stock Analysis

• Market Cap: C$161.61M
• Dividend Yield: N/A
• Average Volume (3M): 1.05M
• Price to Earnings (P/E): 13.5
• Beta (1Y): 0.35
• Revenue Growth: 37.11%
• EPS Growth: 5.50%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Gold
• EPS (TTM): <0.01
• Shares Outstanding: 1,042,664,400
• 10 Day Avg. Volume: 1,310,710
• 30 Day Avg. Volume: 1,052,091
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: C$0.00 ▼(-100.00% Downside)

Majestic Gold's strong financial performance is the most significant factor, supported by robust revenue growth and solid cash flow generation. The technical analysis indicates a positive trend, although the valuation is only moderately attractive due to the lack of a dividend yield. The absence of earnings call and corporate events data means these components do not influence the score.

Majestic Gold Business Overview & Revenue Model

Company Description

Majestic Gold Corp., a mining company, focuses on exploration, development, and operation of mining properties in China, Australia, and Canada. The company primarily explores for gold ores. Its flagship project is the Songjiagou gold mine located in the Shandong Province of China. Majestic Gold Corp. is headquartered in Surrey, Canada.

How the Company Makes Money

Majestic Gold generates revenue primarily through the sale of gold extracted from its mining operations. The company’s key revenue streams include the direct sale of gold bullion and gold concentrate to precious metals refineries and markets. Majestic Gold also enters into offtake agreements, which secure a predetermined selling price for a portion of its gold production, providing stable cash flow. Strategic partnerships with other mining companies and technology providers aid in optimizing extraction processes and reducing operational costs, thereby enhancing profitability. Additionally, the company may engage in joint ventures to explore and develop new mining sites, further expanding its revenue potential.

Majestic Gold Financial Statement Overview

Summary

Majestic Gold exhibits strong financial health with impressive revenue growth and profitability. The company maintains a solid balance sheet with low leverage and strong equity. Cash flow generation is robust, supporting its operational and strategic initiatives. While profitability metrics like ROE have room for improvement, the company's financial position is stable and promising.

Income Statement

Majestic Gold has demonstrated strong revenue growth, with a notable increase from $55.0M in 2023 to $70.9M in 2024, reflecting a 28.9% growth rate. The gross profit margin is solid at 51.3%, and the net profit margin improved to 14.0%. EBIT and EBITDA margins are robust at 38.9% and 56.6%, respectively, indicating efficient operations and cost management.

Balance Sheet

The company's balance sheet is stable with a low debt-to-equity ratio of 0.001, indicating minimal leverage. The equity ratio stands at 57.4%, reflecting a strong equity base. Return on equity is moderate at 9.2%, suggesting room for improvement in profitability relative to equity.

Cash Flow

Majestic Gold's cash flow is strong, with a free cash flow growth rate of 50.3% from 2023 to 2024. The operating cash flow to net income ratio is high at 2.87, indicating efficient cash generation relative to net income. The free cash flow to net income ratio is also favorable at 2.07.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.08M	70.95M	55.02M	63.47M	38.45M	52.36M
Gross Profit	40.38M	36.36M	26.57M	33.88M	21.71M	28.18M
EBITDA	40.65M	36.83M	26.35M	34.01M	18.21M	30.10M
Net Income	8.59M	9.93M	7.56M	11.08M	4.51M	9.43M
Balance Sheet
Total Assets	268.84M	187.93M	187.23M	139.61M	128.04M	126.72M
Cash, Cash Equivalents and Short-Term Investments	31.66M	11.81M	15.21M	12.31M	6.35M	33.77M
Total Debt	24.56M	131.83K	4.29M	4.38M	4.81M	4.60M
Total Liabilities	90.61M	28.21M	34.93M	30.27M	35.23M	36.62M
Stockholders Equity	115.41M	107.93M	105.75M	87.05M	82.40M	76.72M
Cash Flow
Free Cash Flow	20.87M	20.55M	13.67M	22.85M	6.51M	19.36M
Operating Cash Flow	28.90M	28.53M	24.49M	30.29M	15.46M	36.82M
Investing Cash Flow	-9.21M	-8.39M	-3.67M	-15.10M	-8.04M	-19.93M
Financing Cash Flow	-19.67M	-15.47M	32.04M	-1.48M	-6.95M	-8.88M

Majestic Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MJS, the sentiment is Positive. The current price of 0.16 is above the 20-day moving average (MA) of 0.15, above the 50-day MA of 0.15, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.98 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MJS.

Majestic Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MJS	70 Outperform	C$161.61M	13.48	7.79%	―	37.11%	5.50%
Sector *	61 Neutral	$10.27B	6.37	0.76%	2.91%	3.10%	-36.03%
SANU	51 Neutral	C$119.92M	―	2.75%	―	―	71.43%
STLR	51 Neutral	C$145.22M	―	-24.39%	―	―	25.76%
AMX	46 Neutral	C$339.36M	118.75	-2.58%	―	―	-379.52%
TUD	39 Underperform	C$159.73M	―	-5.03%	―	―	22.75%
NCAU	38 Underperform	C$154.90M	―	-3.61%	―	―	-14.81%

Majestic Gold Corporate Events

Majestic Gold Suspends DGZ Mine Operations After Fatal Accident

Majestic Gold Corp. has reported a suspension of operations at its Denggezhuang Underground Mine following a fatal accident involving a worker. The Shandong authorities have ordered a halt to production and an investigation into the incident, with the company committed to cooperating fully and implementing necessary safety measures.

Majestic Gold Corp. Grants 24.7 Million Stock Options

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.

Majestic Gold Announces AGM Results and New Dividend Policy

Majestic Gold Corp. announced the results of its 2025 Annual General Meeting, where shareholders approved all management nominees and resolutions, including the reappointment of auditors and the company’s Stock Option Plan. The Board reappointed Stephen Kenwood as President & CEO and James Mackie as CFO. Additionally, Majestic introduced a Dividend Policy to evaluate potential future dividends, reflecting confidence in the company’s financial stability and growth strategy.

Majestic Gold Corp. Reports Strong Q1 2025 Financial Results

Majestic Gold Corp. reported strong financial results for the first quarter of 2025, with a significant increase in revenue, gross profit, and net income compared to the same period in 2024. The company achieved a 25.2% increase in revenue to $19.5 million and a 24.7% rise in gross profit to $10.3 million, driven by a 3.6% increase in gold production. Despite higher cash costs and all-in sustaining costs per ounce, Majestic Gold maintains a robust financial position with substantial cash reserves and working capital, signaling positive operational momentum and financial health.