TSXV:MJSMetals and Mining
Majestic Gold (TSXV:MJS) Stock Revenue Growth Meets A Sharper Margin Squeeze
Majestic Gold stock closed at CA$0.105 on the day the Q2 numbers hit, leaving short term traders with a quiet tape while the earnings told a louder story. Revenue landed at US$29.1 million for the quarter, yet net profit compressed to US$1.4 million, keeping the trailing net margin near 6.9% after sitting higher a year ago. That margin squeeze is the real headline for long term investors, who may focus less on a one day move and more on what these economics mean for future cash generation and...