In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Majestic Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

TSXV:MJS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	66	9	15	23	N/A
6/30/2024	60	8	11	21	N/A
3/31/2024	57	8	9	20	N/A
12/31/2023	55	8	14	24	N/A
9/30/2023	54	7	14	26	N/A
6/30/2023	58	8	17	28	N/A
3/31/2023	60	10	21	29	N/A
12/31/2022	63	11	23	30	N/A
9/30/2022	65	10	23	30	N/A
6/30/2022	58	8	25	32	N/A
3/31/2022	50	5	17	23	N/A
12/31/2021	38	5	7	15	N/A
9/30/2021	39	7	22	29	N/A
6/30/2021	44	9	14	20	N/A
3/31/2021	48	11	14	35	N/A
12/31/2020	52	9	19	37	N/A
9/30/2020	45	6	3	19	N/A
6/30/2020	38	5	7	22	N/A
3/31/2020	32	2	4	5	N/A
12/31/2019	32	2	6	6	N/A
9/30/2019	32	5	5	6	N/A
6/30/2019	32	4	-3	4	N/A
3/31/2019	35	5	-1	9	N/A
12/31/2018	32	4	-4	10	N/A
9/30/2018	33	8	-5	5	N/A
6/30/2018	35	4	N/A	15	N/A
3/31/2018	33	4	N/A	11	N/A
12/31/2017	34	4	N/A	8	N/A
9/30/2017	29	2	N/A	8	N/A
6/30/2017	28	1	N/A	1	N/A
3/31/2017	27	0	N/A	7	N/A
12/31/2016	27	-2	N/A	9	N/A
9/30/2016	28	-3	N/A	5	N/A
6/30/2016	29	-5	N/A	8	N/A
3/31/2016	25	-5	N/A	1	N/A
12/31/2015	20	-4	N/A	-5	N/A
9/30/2015	23	-5	N/A	-4	N/A
6/30/2015	19	-5	N/A	-8	N/A
3/31/2015	25	-6	N/A	-4	N/A
12/31/2014	27	-5	N/A	-3	N/A
9/30/2014	24	-6	N/A	-3	N/A
6/30/2014	30	-6	N/A	0	N/A
3/31/2014	25	-7	N/A	-8	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MJS's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if MJS's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if MJS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MJS's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if MJS's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MJS's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/08 00:12
End of Day Share Price	2025/01/08 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Majestic Gold Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Majestic Gold Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: EPS: US$0.003 (vs US$0.002 in 3Q 2023)

There's No Escaping Majestic Gold Corp.'s (CVE:MJS) Muted Earnings Despite A 45% Share Price Rise

Second quarter 2024 earnings released: EPS: US$0.003 (vs US$0.002 in 2Q 2023)

Investors Don't See Light At End Of Majestic Gold Corp.'s (CVE:MJS) Tunnel

Majestic Gold (CVE:MJS) Seems To Use Debt Rather Sparingly

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.003 (vs US$0.003 in 1Q 2023)

Majestic Gold Corp., Annual General Meeting, Jul 11, 2024

Majestic Gold's (CVE:MJS) Soft Earnings Don't Show The Whole Picture

Full year 2023 earnings released: EPS: US$0.007 (vs US$0.011 in FY 2022)

Majestic Gold Corp. Reports Production Results for the Fourth Quarter and Year Ended December 31, 2023

The Market Doesn't Like What It Sees From Majestic Gold Corp.'s (CVE:MJS) Earnings Yet

Majestic Gold Corp. Announces Appointment of Charles Uy to Its Board as an Independent Director

Does Majestic Gold (CVE:MJS) Have A Healthy Balance Sheet?

Majestic Gold Corp. Files Technical Report for the Songjiagou Gold Project

Third quarter 2023 earnings released: EPS: US$0.002 (vs US$0.003 in 3Q 2022)

New major risk - Share price stability

Does Majestic Gold (CVE:MJS) Have A Healthy Balance Sheet?

Is Now The Time To Put Majestic Gold (CVE:MJS) On Your Watchlist?

Investors Will Want Majestic Gold's (CVE:MJS) Growth In ROCE To Persist

Majestic Gold Corp., Annual General Meeting, Nov 09, 2023

Majestic Gold (CVE:MJS) Has A Rock Solid Balance Sheet

Is Now The Time To Put Majestic Gold (CVE:MJS) On Your Watchlist?

First quarter 2023 earnings released: EPS: US$0.003 (vs US$0.003 in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.011 (vs US$0.004 in FY 2021)

Why The 28% Return On Capital At Majestic Gold (CVE:MJS) Should Have Your Attention

Does Majestic Gold (CVE:MJS) Deserve A Spot On Your Watchlist?

We Think Majestic Gold (CVE:MJS) Can Manage Its Debt With Ease

Third quarter 2022 earnings released: EPS: US$0.003 (vs US$0.001 in 3Q 2021)

Majestic Gold (CVE:MJS) Is Very Good At Capital Allocation

Majestic Gold Corp., Annual General Meeting, Dec 05, 2022

Majestic Gold Corp. Reports on Moorine Property in Western Australia

Second quarter 2022 earnings released: EPS: US$0.004 (vs US$0.001 in 2Q 2021)

Now 23% undervalued

Calculating The Fair Value Of Majestic Gold Corp. (CVE:MJS)

The Trend Of High Returns At Majestic Gold (CVE:MJS) Has Us Very Interested

These 4 Measures Indicate That Majestic Gold (CVE:MJS) Is Using Debt Safely

First quarter 2022 earnings released: EPS: US$0.003 (vs US$0.003 in 1Q 2021)

Returns Are Gaining Momentum At Majestic Gold (CVE:MJS)

Full year 2021 earnings released: EPS: US$0.004 (vs US$0.009 in FY 2020)

Is Majestic Gold (CVE:MJS) Using Too Much Debt?

Majestic Gold Corp. Reports on Lithium Projects in Western Australia

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

High number of new directors

Majestic Gold Corp. Initiates Work on Lithium Projects in Western Australia

Shareholders Will Probably Not Have Any Issues With Majestic Gold Corp.'s (CVE:MJS) CEO Compensation

Second quarter 2021 earnings released: EPS US$0.001 (vs US$0.003 in 2Q 2020)

Majestic Gold Corp. (TSXV:MJS) entered into a letter of intent to acquire 65% interest in Four Lithium Tenements in Western Australia from Western Explorers PTY Ltd.

Returns on Capital Paint A Bright Future For Majestic Gold (CVE:MJS)

Majestic Gold Corp. Provides Update on Drill Program at Fair Adelaide Project

What We Make Of Majestic Gold's (CVE:MJS) Returns On Capital

Majestic Gold Corp. Completes Its Initial Drill Program At the Fair Adelaide Project, Located in Western Australia

Does Majestic Gold (CVE:MJS) Have A Healthy Balance Sheet?

Majestic Gold Corp. Drill Program At Fair Adelaide Project

Here's Why I Think Majestic Gold (CVE:MJS) Is An Interesting Stock

First half earnings released

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources