Majestic Gold Revenue Growth Loses Steam Amid Margin Squeeze
Majestic Gold (TSXV:MJS) posted a strong revenue growth in Q2 2026, but its net profit was squeezed due to rising costs.
The company's revenue reached US$29.1 million for the quarter, up from US$23.26 million in Q2 2025.
However, its net income decreased slightly to US$1.37 million, resulting in a compressed margin relative to last year.
This margin squeeze is a concern for long-term investors, who may question the company's ability to maintain profitability if gold prices soften.