Majestic Gold Corp (TSE:MJS)
:MJS
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Majestic Gold
(MJS)
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Rating:71Outperform
Price Target:
C$0.24
▲(51.87% Upside)
Action:UpgradedDate:01/14/26
The score is driven primarily by solid financial fundamentals (strong operating margins and low leverage), tempered by weakening profitability trends (declining net margin and ROE) and a meaningful drop in free cash flow. Technicals are trend-positive with price above key averages, but very overbought RSI/Stoch readings increase near-term pullback risk. Valuation is supported by a moderate P/E and a high dividend yield.
Positive Factors
High Operating Margins
Sustained high gross and EBITDA margins indicate structurally efficient mining operations and cost control. These margins provide persistent buffer against commodity price swings, support internal funding for development and dividends, and improve long-term resilience and reinvestment capacity.
Negative Factors
Declining Profitability Metrics
A falling net margin and declining ROE point to deteriorating returns on capital and lower conversion of revenue into shareholder value. If persistent, this can constrain reinvestment, lower capital efficiency, and reduce appeal to investors seeking durable returns over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
High Operating Margins
Sustained high gross and EBITDA margins indicate structurally efficient mining operations and cost control. These margins provide persistent buffer against commodity price swings, support internal funding for development and dividends, and improve long-term resilience and reinvestment capacity.
Read all positive factors
Majestic Gold (MJS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$161.61M
Dividend Yield8.87%
Average Volume (3M)1.02M
Price to Earnings (P/E)11.6
Beta (1Y)1.01
Revenue Growth28.21%
EPS Growth-9.76%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,042,664,400
10 Day Avg. Volume855,354
30 Day Avg. Volume1,018,969
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)0.54
Price to Sales (P/S)0.82
P/FCF Ratio2.82
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 techni...
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...
Majestic Gold Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|---|---|
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 | 41.87M | 36.83M | 26.35M | 34.01M | 18.21M | 30.10M |
| Net Income | 8.20M | 9.93M | 7.56M | 11.08M | 4.51M | 9.43M |
Balance Sheet | ||||||
| Total Assets | 274.64M | 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 | 89.99M | 28.21M | 34.93M | 30.27M | 35.23M | 36.62M |
| Stockholders Equity | 118.83M | 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
Positive
0.16
Price Trends
0.17
Negative
0.17
Negative
0.16
Negative
Market Momentum
>-0.01
Negative
49.01
Neutral
72.22
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 0.16, below the 50-day MA of 0.17, and below the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.01 is Neutral, neither overbought nor oversold. The STOCH value of 72.22 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | C$161.61M | 11.64 | 7.23% | 8.87% | 28.21% | -9.76% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | C$284.81M | -16.63 | -8.05% | ― | ― | -105.98% | |
55 Neutral | C$200.64M | -6.50 | -30.36% | ― | ― | -6.54% | |
50 Neutral | C$240.43M | -7.55 | -119.43% | ― | ― | -9300.00% | |
49 Neutral | C$176.23M | -18.94 | -5.92% | ― | ― | -7.14% | |
44 Neutral | C$191.43M | -16.49 | -87.97% | ― | ― | -70.87% |
* Basic Materials Sector Average
TSE:MJS
Majestic Gold
0.16
0.07
82.35%
TSE:AU
Aurion Resources
1.75
1.03
143.06%
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Minaurum Gold
0.37
0.19
101.62%
TSE:NCAU
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0.62
0.07
12.73%
TSE:CBR
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0.91
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156.34%
TSE:RVG
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0.74
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101.37%
Majestic Gold Corporate Events
Financial DisclosuresPrivate Placements and Financing
Majestic Gold Corp. Reports Increased Revenue Amidst Production Challenges
Neutral
Nov 28, 2025
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 ...
Business Operations and StrategyRegulatory Filings and Compliance
Majestic Gold Resumes Operations at Songjiagou Underground Mine
Positive
Nov 24, 2025
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 operat...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.