Majestic Gold (MJS) AI Stock Analysis

• Market Cap: C$164.74M
• Dividend Yield: 8.87%
• Average Volume (3M): 1.02M
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.48
• Revenue Growth: 28.21%
• EPS Growth: -9.76%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 1,042,664,400
• 10 Day Avg. Volume: 855,354
• 30 Day Avg. Volume: 1,018,969
• PEG Ratio: 0.18
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.82
• P/FCF Ratio: 2.82
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: C$0.17 ▲(5.63% Upside)

Majestic Gold's overall score is driven by its solid financial performance, particularly in revenue growth and operational efficiency. The valuation is attractive due to a reasonable P/E ratio and high dividend yield. However, technical indicators suggest a lack of momentum, which could be a concern for short-term investors. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a positive trajectory and expanding market presence, enhancing long-term business sustainability.

Operational Efficiency

Strong operational efficiency through high EBIT and EBITDA margins suggests effective cost management and competitive advantage.

Balance Sheet Health

A low debt-to-equity ratio reflects financial stability and flexibility, allowing for strategic investments and resilience against downturns.

Negative Factors

Declining Net Profit Margins

A decline in net profit margins may indicate rising costs or pricing pressures, potentially impacting long-term profitability.

Decreased Free Cash Flow

Reduced free cash flow could limit future investment opportunities and affect liquidity, posing a risk to growth and operational flexibility.

Declining Return on Equity

A declining return on equity suggests potential inefficiencies in generating returns from shareholders' investments, impacting investor confidence.

Majestic Gold Business Overview & Revenue Model

Company Description

Majestic Gold (MJS) is a prominent player in the gold mining sector, primarily focused on the exploration, development, and production of gold resources. The company operates in regions with rich mineral deposits, leveraging advanced mining techniques and technologies to optimize extraction processes. MJS is committed to sustainable practices and aims to deliver high-quality gold products to meet the growing global demand for precious metals.

How the Company Makes Money

Majestic Gold generates revenue primarily through the sale of gold and gold-related products. The company operates mining sites where it extracts gold ore, which is then processed and refined into pure gold for sale on the open market. Key revenue streams include direct sales of gold bullion to wholesalers, precious metal exchanges, and jewelry manufacturers. Additionally, MJS may engage in strategic partnerships with other mining companies or trading firms to enhance its market reach and operational efficiency, further contributing to its earnings. The company's financial performance is also influenced by global gold prices, which can fluctuate based on market demand, geopolitical factors, and economic conditions.

Majestic Gold Financial Statement Overview

Summary

Majestic Gold demonstrates a solid financial position with strong revenue growth and operational efficiency. However, declining net profit margins and free cash flow growth pose potential risks. The company maintains a conservative balance sheet with low leverage, providing stability. Continued focus on improving net profitability and cash flow management will be crucial for sustaining growth.

Income Statement

Majestic Gold shows a solid income statement with a consistent revenue growth rate of 6.95% in the TTM period. The gross profit margin remains strong at 50.43%, indicating efficient cost management. However, the net profit margin has decreased to 10.73% from 13.99% in the previous year, suggesting some pressure on net profitability. The EBIT and EBITDA margins are robust, reflecting strong operational efficiency.

Balance Sheet

The balance sheet of Majestic Gold is stable with a low debt-to-equity ratio of 0.21, indicating conservative leverage. The return on equity is moderate at 7.64%, showing a decline from previous years, which could be a concern for investors seeking high returns. The equity ratio is healthy, suggesting a strong capital structure.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 26.83% in the TTM period, which could impact future investments. The operating cash flow to net income ratio is 0.60, indicating adequate cash generation relative to net income. The free cash flow to net income ratio is 0.72, showing decent cash conversion but highlighting the need for improvement in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	82.65M	70.95M	55.02M	63.47M	38.45M	52.36M
Gross Profit	41.84M	36.36M	26.57M	33.88M	21.71M	28.18M
EBITDA	46.10M	36.83M	26.35M	34.01M	18.21M	30.10M
Net Income	8.23M	9.93M	7.56M	11.08M	4.51M	9.43M
Balance Sheet
Total Assets	382.13M	187.93M	187.23M	139.61M	128.04M	126.72M
Cash, Cash Equivalents and Short-Term Investments	145.59M	11.81M	15.21M	12.31M	6.35M	33.77M
Total Debt	24.71M	131.83K	4.29M	4.38M	4.81M	4.60M
Total Liabilities	125.21M	28.21M	34.93M	30.27M	35.23M	36.62M
Stockholders Equity	165.34M	107.93M	105.75M	87.05M	82.40M	76.72M
Cash Flow
Free Cash Flow	15.41M	20.55M	13.67M	22.85M	6.51M	19.36M
Operating Cash Flow	28.93M	28.53M	24.49M	30.29M	15.46M	36.82M
Investing Cash Flow	-14.70M	-8.39M	-3.67M	-15.10M	-8.04M	-19.93M
Financing Cash Flow	-10.26M	-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: Negative

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 0.16, below the 50-day MA of 0.16, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 62.61 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, 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	68 Neutral	C$164.74M	14.23	7.20%	8.87%	28.21%	-9.76%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AU	58 Neutral	C$242.87M	-37.47	-7.79%	―	―	-105.98%
MGG	55 Neutral	C$243.75M	-20.88	-89.19%	―	―	-70.87%
CBR	54 Neutral	C$184.45M	-15.22	-82.70%	―	―	-9300.00%
RVG	54 Neutral	C$196.21M	-14.72	-22.63%	―	―	-6.54%
NCAU	49 Neutral	C$184.44M	-44.85	-5.92%	―	―	-7.14%

Majestic Gold Corporate Events

Majestic Gold Corp. Reports Increased Revenue Amidst Production Challenges

Majestic Gold Corp. reported a 22.5% increase in revenue to $63.7 million for the first nine months of 2025, despite a 9.7% decrease in net income to $15.2 million. The company experienced a decrease in gold production to 22,643 ounces and higher production costs, but maintained a strong financial position with cash and cash equivalents of $104.6 million. The completion of a private placement by its Hong Kong subsidiary, Persistence Resources Group Ltd., raised approximately CAD$85.2 million, potentially enhancing its market capitalization and financial flexibility.

Majestic Gold Resumes Operations at Songjiagou Underground Mine

Majestic Gold Corp. has resumed operations at its Songjiagou Underground Mine after successfully renewing its safety production permit, which had expired on September 1, 2025, leading to a temporary suspension. The renewal and resumption of operations are expected to stabilize the company’s production activities and reinforce its position in the gold mining industry, benefiting stakeholders by ensuring continued output and potential profitability.

Majestic Gold’s Subsidiary Raises HK$472 Million for Expansion

Majestic Gold’s Hong Kong-listed subsidiary, Persistence Resources Group Ltd., successfully completed a private placement, raising HK$472 million. The proceeds will be used for potential gold mine acquisitions, business expansion, and general corporate purposes, enhancing Persistence’s market position and operational capabilities.