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Added to YB: 2024-08-22

Pitch date: 2024-08-20

MJS.V [neutral]

Majestic Gold Corp.

+190.1%

current return

Author Info

Company Info

Majestic Gold Corp., a mining company, focuses on exploration, development, and operation of mining properties in China.

Market Cap

CAD 130.3M

Pitch Price

CAD 0.06

Price Target

N/A

Dividend

N/A

EV/EBITDA

2.47

P/E

12.60

EV/Sales

1.30

Sector

Metals and Mining

Category

value

Show full summary:
Majestic Gold Corp. - $MJS.V

MJS.V: Gold miner in China w/ profitable ops, cash > mkt cap + liabilities. Mgmt concerns, no buybacks/dividends. Acquisition rumors. China risk, but cash cushion. Mine has reserves, production increase expected 2025. Gold price run benefits. Valuation extremely low despite fundamentals.

Read full article (3 min)