Majestic Gold Corp (CVE:MJS)

Majestic Gold Corp (CVE:MJS) Company Profile

Symbol(s): CVE:MJS, OTCMKTS:MJGCF
Industry: Gold Mining
Website: www.majesticgold.com
eMail: info@majesticgold.com

Majestic Gold Corp (CVE:MJS) is a Canadian Gold mining company. It’s a junior small producer mainly focused on exploration and development of mineral properties in Muping County, China (PR). The company has 70% ownership of the Song Jiaguo property which is located in Muping County, China (PR).

Majestic Gold Corp (CVE:MJS) has about 1.9 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$37.948 per gold equivalent ounce. The company currently produces 15000 ounces of gold per year with the all-in sustaining costs of US$1400 per ounce.

Majestic Gold Corp has US$10.33 million cash and US$18.73 million debt. The company has 1047.73 million shares outstanding and as of September 01, 2020, had a market capitalization of US$63.7 million. The stocks of Majestic Gold Corp trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.