Majestic Gold Corp Stock Performance
| MJS Stock | CAD 0.08 0.00 0.00% |
On a scale of 0 to 100, Majestic Gold holds a performance score of 3. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Majestic Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Majestic Gold is expected to be smaller as well. Please check Majestic Gold's standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis , to make a quick decision on whether Majestic Gold's current price movements will revert.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Majestic Gold Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Majestic Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0875 | Dividend Date 2024-10-11 | Ex Dividend Date 2024-09-27 |
1 | First Majestic Produces 5.5 Million AgEq Oz in Q3 2024 Consisting of 2.0 Million Silver Ounces and 41,761 Gold Ounces - Newsfile | 10/17/2024 |
| Begin Period Cash Flow | 45.4 M |
Majestic |
Majestic Gold Relative Risk vs. Return Landscape
If you would invest 7.38 in Majestic Gold Corp on August 29, 2024 and sell it today you would earn a total of 0.62 from holding Majestic Gold Corp or generate 8.4% return on investment over 90 days. Majestic Gold Corp is currently producing 0.2385% returns and takes up 4.7232% volatility of returns over 90 trading days. Put another way, 42% of traded stocks are less volatile than Majestic, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Majestic Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Majestic Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Majestic Gold Corp, and traders can use it to determine the average amount a Majestic Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0505
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Estimated Market Risk
| 4.72 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Majestic Gold is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Majestic Gold by adding it to a well-diversified portfolio.
Majestic Gold Fundamentals Growth
Majestic Stock prices reflect investors' perceptions of the future prospects and financial health of Majestic Gold, and Majestic Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Majestic Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0839 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 21.62 M | ||||
| Shares Outstanding | 1.04 B | ||||
| Price To Earning | 12.00 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 55.03 M | ||||
| Gross Profit | 25.78 M | ||||
| EBITDA | 26.53 M | ||||
| Net Income | 12.23 M | ||||
| Cash And Equivalents | 22.62 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 4.29 M | ||||
| Debt To Equity | 18.50 % | ||||
| Current Ratio | 1.11 X | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | 24.49 M | ||||
| Earnings Per Share | 0.02 X | ||||
| Market Capitalization | 78.2 M | ||||
| Total Asset | 187.23 M | ||||
| Retained Earnings | (27.2 M) | ||||
| Working Capital | 76.46 M | ||||
About Majestic Gold Performance
Evaluating Majestic Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Majestic Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Majestic Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 55.47 | 45.21 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.12 | 0.12 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Majestic Gold Corp performance evaluation
Checking the ongoing alerts about Majestic Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Majestic Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Majestic Gold Corp has some characteristics of a very speculative penny stock | |
| Majestic Gold Corp had very high historical volatility over the last 90 days | |
| Majestic Gold Corp is unlikely to experience financial distress in the next 2 years | |
| About 13.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Majestic Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Majestic Gold's stock is overvalued or undervalued compared to its peers.
- Examining Majestic Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Majestic Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Majestic Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Majestic Gold's stock. These opinions can provide insight into Majestic Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Majestic Stock Analysis
When running Majestic Gold's price analysis, check to measure Majestic Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Majestic Gold is operating at the current time. Most of Majestic Gold's value examination focuses on studying past and present price action to predict the probability of Majestic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Majestic Gold's price. Additionally, you may evaluate how the addition of Majestic Gold to your portfolios can decrease your overall portfolio volatility.