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Majestic Gold Corp

www: www.majesticgold.com   email: info@majesticgold.com
Category: Junior: Small Producer
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Symbol Data

Symbol Currency
CVE:MJS CAD
OTCMKTS:MJGCF USD

Description

Majestic Gold Corp are a gold focused junior, small producer with one producing mine in China (PR). Currently they produce roughly 34koz. of gold per year. They have approximately 1.6Moz. of gold in the reserves and resources category of which 0.8Moz. are in the measured and indicated category. They have a market capitalisation of ~$56M which is a fall of roughly 2% over the last seven months. As of 04/27/2024 they have ~$17M debt and ~$98M cash. They have 1,043M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 04/27/2024
Last
Analysis
Data
Current Data
Item Value Value Updated
MCap (FD): $57.26M $56.00M 04/27/2024
Total Assets: $107.00M $107.00M 04/27/2024
Total Liabilities: $29.00M $29.00M 04/27/2024
Current Assets: $98.00M $98.00M 04/27/2024
Current Liabilities: $34.00M $34.00M 04/27/2024
Total Debt: $17.00M $17.00M 04/27/2024
Cash: $98.00M $98.00M 04/27/2024
Enterprise Value: $-23.74M $-25.00M 03/17/1969
Cash Flow: $36.98M $48.20M never
Cash Flow Multiple: 1.55 1.16 never
Net Debt to
Cash Flow Ratio:		 n/a n/a never
Finance within 1 year: 04/27/2024
Misc 04/27/2024
Last
Analysis
Data
Current Data
Item Value Value Updated
Shares Outstanding: 1,042,664,381 1,042,664,381 04/27/2024
Shares (FD): 1,042,664,381 1,042,664,381 04/27/2024
Insider Ownership: n/a n/a never
Dividend (Annual): n/a n/a never
Company Type: Mostly Gold Mostly Gold never
Production ETA: n/a n/a 04/27/2024
Production (Gold Eq Oz.): (guess) 
34,000		 (guess) 
34,000		 04/27/2024
Production (Silver Eq Oz.): (guess) 
2,927,256		 (guess) 
2,910,623		 04/27/2024
Initial CapEx (Outstanding): $60.00M
104.78% of MCap		 $60.00M
107.15% of MCap 		04/27/2024
Funding Option: n/a n/a 04/27/2024
Documentation: none PRODUCER 04/27/2024
Future MCap Modifier: 0.1
Producer: Weak
 0.1
Producer: Weak
 04/24/2023
Cash Flow Multiplier: 5 5 04/21/2023

Resource Data

GOLD 04/27/2024
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 0.80M 0.80M 04/27/2024
Measured & Indicated: 0.80M 0.80M 04/27/2024
Inferred: 0.80M 0.80M 04/27/2024
Reserves & Resources: 1.60M 1.60M never
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.64M 0.64M 04/27/2024
Measured & Indicated: 0.64M 0.64M 04/27/2024
Inferred: 0.32M 0.32M 04/27/2024
Reserves & Resources: 0.96M 0.96M never
C
U
R
R
E
N
T		 Annual Production: (guess) 
34,000oz.		 (guess) 
34,000oz.		 04/27/2024
Cash Cost: $800 $800 04/27/2024
Extra Operating Cost: $450 $450 04/27/2024
Total: $1,250 $1,250 04/27/2024
Margin (Free Cash Flow): $1,088 (47%) $1,418 (53%)
G
R
A
D
E		 Underground (Avg): 1.70 g/t 1.70 g/t 04/27/2024
Open Pit (Avg): n/a 0.60 g/t 04/27/2024
Recovery Rate: (CG)  80.00% (CG)  80.00% 04/27/2024
F
U
T
U
R
E		 Proven & Probable: 1.00M 1.00M 04/27/2024
Annual Production: 50,000oz. 50,000oz. 04/27/2024
Cash Cost: $950 $950 04/27/2024
Extra Operating Cost: $500 $500 04/27/2024
SILVER 04/27/2024
Last Analysis Data
Current Data
Item Value Value Updated
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 04/27/2024
Measured & Indicated: n/a n/a 04/27/2024
Inferred: n/a n/a 04/27/2024
Reserves & Resources: n/a n/a never
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 04/27/2024
Measured & Indicated: n/a n/a 04/27/2024
Inferred: n/a n/a 04/27/2024
Reserves & Resources: n/a n/a never
C
U
R
R
E
N
T		 Annual Production: n/a n/a
Cash Cost: n/a n/a 04/27/2024
Extra Operating Cost: n/a n/a 04/27/2024
Total: n/a n/a 04/27/2024
Margin (Free Cash Flow): n/a
G
R
A
D
E		 Underground (Avg): n/a n/a 04/27/2024
Open Pit (Avg): n/a n/a 04/23/2023
Recovery Rate: n/a n/a 04/27/2024
F
U
T
U
R
E		 Proven & Probable: n/a n/a 04/27/2024
Annual Production: n/a n/a 04/27/2024
Cash Cost: n/a n/a 04/27/2024
Extra Operating Cost: n/a n/a 04/27/2024

Property

Last Analysis Data  (04/27/2024)
Stage Name Owned Au Ag Cu Notes
Prod Song Jiaguo 70% show
Currently producing 20,000 oz. (They get 70%)

Goal is to increase that to 100,000.
Current Data
Stage Name Owned Au Ag Cu Notes
Prod Song Jiaguo 70% show
Currently producing 20,000 oz. (They get 70%)

Goal is to increase that to 100,000.

Profitability (by resource)

Proven &
Probable		 04/27/2024
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 0.80M 0.80M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.64M 0.64M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $696.00M $907.20M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $696.00M $907.20M n/a
Max Profit / Current MCap: 12.155 16.201 n/a
Max Profit Per Share (Gold): $0.67 $0.87 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $0.67 $0.87 n/a
Total Free Profit Per Share: $0.59 $0.80 n/a
FD MCap / Gold Eq.: $89.47 $87.50 n/a
FD MCap / Silver Eq.: $1.04 $1.02 n/a
FD MCap / Per Metal
as % Spot Price:		 3.83% 3.28% n/a
Measured &
Indicated		 04/27/2024
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 0.80M 0.80M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.64M 0.64M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $696.00M $907.20M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $696.00M $907.20M n/a
Max Profit / Current MCap: 12.155 16.201 n/a
Max Profit Per Share (Gold): $0.67 $0.87 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $0.67 $0.87 n/a
Total Free Profit Per Share: $0.59 $0.80 n/a
FD MCap / Gold Eq.: $89.47 $87.50 n/a
FD MCap / Silver Eq.: $1.04 $1.02 n/a
FD MCap / Per Metal
as % Spot Price:		 3.83% 3.28% n/a

Reserves &
Resources		 04/27/2024
Last Analysis Data
Current Data
Item Value Value Updated
Percentage Gold: 100.00% 100.00% n/a
Percentage Silver: n/a n/a n/a
Total (Gold Eq. Oz.): 1.60M 1.60M n/a
Total (Silver Eq. Oz.): n/a n/a n/a
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.96M 0.96M n/a
Silver Eq. Oz.: n/a n/a n/a
Maximum Profit (Gold): $1,044.00M $1,360.80M n/a
Maximum Profit (Silver): n/a n/a n/a
Total Maximum Profit: $1,044.00M $1,360.80M n/a
Max Profit / Current MCap: 18.232 24.301 n/a
Max Profit Per Share (Gold): $1.00 $1.31 n/a
Max Profit Per Share (Silver): n/a n/a n/a
Total Max Profit Per Share: $1.00 $1.31 n/a
Total Free Profit Per Share: $0.93 $1.23 n/a
FD MCap / Gold Eq.: $59.65 $58.33 n/a
FD MCap / Silver Eq.: $0.69 $0.68 n/a
FD MCap / Per Metal
as % Spot Price:		 2.55% 2.19% n/a

Future Valuation (Cash Flow & Totals)

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