Majestic Gold Corp. Announces Financial Results for Year Ended December 31, 2025
Vancouver, British Columbia — April 18, 2026 — Leads & Copy —
Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) has released its financial and operational results for the year ended December 31, 2025.
The company reported a 25.8% increase in revenue, reaching $89.3 million for FY2025, compared to $71 million in FY2024. Gross profit from mining operations increased by 30.8% to $47.6 million in FY2025, up from $36.4 million for FY2024.
Net income saw a decrease of 10.8%, amounting to $18.3 million for FY2025, compared to $20.5 million for FY2024. However, cash flow from operating activities increased by 8.3% to $30.9 million in FY2025, from $28.5 million for FY2024.
Gold production was 29,804 ounces for FY2025, a 6.7% decrease over the 31,949 ounces produced for FY2024. The company maintained a strong financial position as of December 31, 2025, with cash and cash equivalents of $167.1 million (FY2024 – $100.7 million) and working capital of $117 million (FY2024 – $86.3 million).
Dividends of CAD$0.0072 per share were paid on October 9, 2025, to shareholders, totaling CAD$7.5 million (FY2024 – CAD$7.3 million or CAD$0.007 per share), representing a yield of approximately 5.14% at the time declared.
Majestic Gold, through its subsidiary Persistence, acquired a 52% interest in Yantai Mujin and the Muping Gold Project for total consideration of RMB81.9M (approximately CAD$15.8M). On October 14, 2025, Persistence completed a private placement on the Main Board of The Stock Exchange of Hong Kong Limited under stock code 02489 for gross proceeds of HK$472 million (~ $60.7 million) by way of issuance of 400 million common shares at a price of HK$1.18 per Share (~ $0.152 per Share) on the HKEX. Persistence’s recent closing share price was HKD$1.08 (~CAD$0.19) for a market capitalization of HKD$2.6B (~CAD$466.56M).
Total cash costs and all-in sustaining costs (“AISC”) for FY2025 were $1,195 per ounce and $1,584 per ounce, compared to $856 per ounce and $1,061 per ounce for FY2024. Adjusted EBITDA for FY2025 was $45.4 million, compared to $38.3 million for FY2024.
Fourth quarter highlights include revenue of $25.6 million, a 34.8% increase from $19 million for the FY2024 comparative quarter. Gross profit from operations was $14.5 million, an increase of 65.1% from $8.8 million for the FY2024 comparative quarter. Net income was $3.1 million, a decrease of 16% from $3.7 million for the FY2024 comparative quarter. Cash flow from operating activities was $13.3 million, a 44.0% increase over the $9.3 million for the FY2024 comparative quarter. Gold production decreased by 8.3% to 7,134 ounces, from 7,782 ounces produced for the FY2024 comparative quarter.
This release should be read in conjunction with the Company’s audited consolidated financial statements for the years ended December 31, 2025 and associated Management Discussion and Analysis (“MD&A”) which are available on SEDAR www.sedarplus.ca.
Majestic Gold Corp. is a British Columbia based company engaged in commercial gold production in eastern Shandong Province, China, with mining operations at its Songjiagou Gold Mines, its flagship project, and the Mujin Gold Project.
Source: Majestic Gold Corp.
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