How does MJGC.F's PE Ratio compare to its peers?

MJGC.F is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (28.4x).

How does MJGC.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?

MJGC.F is good value based on its Price-To-Earnings Ratio (6.2x) compared to the US Metals and Mining industry average (15.4x).

What is MJGC.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MJGC.F's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of MJGC.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MJGC.F ($0.05) is trading below our estimate of [[fair value]] ($0.19)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

MJGC.F Stock Overview

A mining company, focuses on exploration, development, and operation of mining properties in China, Australia, and Canada. More details

MJGC.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 71% below our estimate of its fair value

Earnings grew by 36% over the past year

Risk Analysis

Does not have a meaningful market cap ($83M)

My Notes

Capture your thoughts, links and company narrative

Majestic Gold Corp. Competitors

Xtra-Gold Resources

OTCPK:XTGR.F

US$60.3m

Vista Gold

NYSEAM:VGZ

US$70.7m

Victoria Gold

OTCPK:VITF.F

US$23.4m

Caledonia Mining

NYSEAM:CMCL

US$179.1m

Price History & Performance

Summary of share price highs, lows and changes for Majestic Gold
Historical stock prices
Current Share Price	CA$0.054
52 Week High	CA$0.078
52 Week Low	CA$0.036
Beta	1.33
1 Month Change	-8.73%
3 Month Change	-12.58%
1 Year Change	5.18%
3 Year Change	28.52%
5 Year Change	92.32%
Change since IPO	-68.32%

Recent updates

Shareholder Returns

	MJGC.F	US Metals and Mining	US Market
7D	12.2%	-6.0%	-2.7%
1Y	5.2%	-5.3%	23.4%

Return vs Industry: MJGC.F exceeded the US Metals and Mining industry which returned -5.3% over the past year.

Return vs Market: MJGC.F underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is MJGC.F's price volatile compared to industry and market?
MJGC.F volatility
MJGC.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine MJGC.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1986	n/a	Steve Kenwood	majesticgold.com

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. Fundamentals Summary

How do Majestic Gold's earnings and revenue compare to its market cap?
MJGC.F fundamental statistics
Market cap	US$58.04m
Earnings (TTM)	US$9.41m
Revenue (TTM)	US$66.19m

6.2x

P/E Ratio

0.9x

P/S Ratio

Is MJGC.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MJGC.F income statement (TTM)
Revenue	US$66.19m
Cost of Revenue	US$21.46m
Gross Profit	US$44.74m
Other Expenses	US$35.33m
Earnings	US$9.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.009
Gross Margin	67.58%
Net Profit Margin	14.21%
Debt/Equity Ratio	0%

How did MJGC.F perform over the long term?

See historical performance and comparison

Dividends

9.4%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 09:04
End of Day Share Price	2024/12/20 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