Majestic Gold is a gold mining company based in Canada, however, the primary operations of the company are done in China, particularly in the Songjiagou Gold Mine of China. The Songjiagou Gold Mine is situated in the Shandong Province of east China where the mining is basically done using trucks and shovels.
Majestic Gold holds a 70.5% indirect interest in the gold mine, while the remaining indirect interest is held by a subsidiary of the operating company. An in-depth exploration of Majestic Gold (MJS) Stock Price prediction from 2024 – 2045 along with its historical pricing will be studied in this article.
Majestic Gold (MJS) Stock Price Prediction 2024 – 2045
| Majestic Gold (MJS) Stock Price Prediction | Prediction Price |
| Majestic Gold (MJS) Stock Price Prediction 2024 | 0.099 |
| Majestic Gold (MJS) Stock Price Prediction 2025 | 0.107 |
| Majestic Gold (MJS) Stock Price Prediction 2026 | 0.115 |
| Majestic Gold (MJS) Stock Price Prediction 2027 | 0.123 |
| Majestic Gold (MJS) Stock Price Prediction 2028 | 0.132 |
| Majestic Gold (MJS) Stock Price Prediction 2029 | 0.142 |
| Majestic Gold (MJS) Stock Price Prediction 2030 | 0.152 |
| Majestic Gold (MJS) Stock Price Prediction 2035 | 0.215 |
| Majestic Gold (MJS) Stock Price Prediction 2040 | 0.304 |
| Majestic Gold (MJS) Stock Price Prediction 2045 | 0.431 |
Majestic Gold (MJS) Stock Price Prediction 2024
Majestic Gold (MJS) began around the price of 0.075 per share in January 2024. As the shares were training in a sideways trend, you can find the opening price of the share to be the same for multiple months. MJS’s expected closing price for this year is 0.099 CAD.
| Month | Share price in CAD |
| January | 0.075 |
| February | 0.070 |
| March | 0.060 |
| April | 0.070 |
| May | 0.070 |
| June | 0.060 |
| July | 0.060 |
| August | 0.055 |
| September | 0.070 |
| October | 0.080 |
| November | 0.095 |
| December | 0.099 |
Majestic Gold (MJS) Stock Price Prediction 2025
The average price of the stock of Majestic Gold (MJS) for 2025 will be CAD 0.104, with a high forecast of CAD 0.107, and a lower forecast of CAD 0.101.
| Month | Share price in CAD |
| January | 0.101 |
| February | 0.101 |
| March | 0.102 |
| April | 0.102 |
| May | 0.103 |
| June | 0.104 |
| July | 0.104 |
| August | 0.105 |
| September | 0.105 |
| October | 0.106 |
| November | 0.107 |
| December | 0.107 |
Majestic Gold (MJS) Stock Price Prediction 2026
The average price of the stock of Majestic Gold (MJS) for 2026 will be CAD 0.111, with a high forecast of CAD 0.115, and a lower forecast of CAD 0.108.
| Month | Share price in CAD |
| January | 0.108 |
| February | 0.108 |
| March | 0.109 |
| April | 0.110 |
| May | 0.110 |
| June | 0.111 |
| July | 0.112 |
| August | 0.112 |
| September | 0.113 |
| October | 0.114 |
| November | 0.114 |
| December | 0.115 |
Majestic Gold (MJS) Stock Price Prediction 2027
The average price of the stock of Majestic Gold (MJS) for 2027 will be CAD 0.119, with a high forecast of CAD 0.123, and a lower forecast of CAD 0.116.
| Month | Share price in CAD |
| January | 0.116 |
| February | 0.116 |
| March | 0.117 |
| April | 0.118 |
| May | 0.118 |
| June | 0.119 |
| July | 0.120 |
| August | 0.120 |
| September | 0.121 |
| October | 0.122 |
| November | 0.122 |
| December | 0.123 |
Majestic Gold (MJS) Stock Price Prediction 2028
The average price of the stock of Majestic Gold (MJS) for 2028 will be CAD 0.128, with a high forecast of CAD 0.132, and a lower forecast of CAD 0.124.
| Month | Share price in CAD |
| January | 0.124 |
| February | 0.125 |
| March | 0.125 |
| April | 0.126 |
| May | 0.127 |
| June | 0.128 |
| July | 0.128 |
| August | 0.129 |
| September | 0.130 |
| October | 0.131 |
| November | 0.131 |
| December | 0.132 |
Majestic Gold (MJS) Stock Price Prediction 2029
The average price of the stock of Majestic Gold (MJS) for 2029 will be CAD 0.137, with a high forecast of CAD 0.142, and a lower forecast of CAD 0.133.
| Month | Share price in CAD |
| January | 0.133 |
| February | 0.134 |
| March | 0.134 |
| April | 0.135 |
| May | 0.136 |
| June | 0.137 |
| July | 0.138 |
| August | 0.138 |
| September | 0.139 |
| October | 0.140 |
| November | 0.141 |
| December | 0.142 |
Majestic Gold (MJS) Stock Price Prediction 2030
The average price of the stock of Majestic Gold (MJS) for 2030 will be CAD 0.147, with a high forecast of CAD 0.152, and a lower forecast of CAD 0.142.
| Month | Share price in CAD |
| January | 0.142 |
| February | 0.143 |
| March | 0.144 |
| April | 0.145 |
| May | 0.146 |
| June | 0.147 |
| July | 0.147 |
| August | 0.148 |
| September | 0.149 |
| October | 0.150 |
| November | 0.151 |
| December | 0.152 |
Majestic Gold (MJS) Stock Price Prediction 2035
The average price of the stock of Majestic Gold (MJS) for 2035 will be CAD 0.208, with a high forecast of CAD 0.215, and a lower forecast of CAD 0.202.
| Month | Share price in CAD |
| January | 0.202 |
| February | 0.203 |
| March | 0.204 |
| April | 0.205 |
| May | 0.206 |
| June | 0.208 |
| July | 0.209 |
| August | 0.210 |
| September | 0.211 |
| October | 0.212 |
| November | 0.214 |
| December | 0.215 |
Majestic Gold (MJS) Stock Price Prediction 2040
The average price of the stock of Majestic Gold (MJS) for 2040 will be CAD 0.295, with a high forecast of CAD 0.304, and a lower forecast of CAD 0.285.
| Month | Share price in CAD |
| January | 0.285 |
| February | 0.287 |
| March | 0.289 |
| April | 0.290 |
| May | 0.292 |
| June | 0.294 |
| July | 0.295 |
| August | 0.297 |
| September | 0.299 |
| October | 0.301 |
| November | 0.302 |
| December | 0.304 |
Majestic Gold (MJS) Stock Price Prediction 2045
The average price of the stock of Majestic Gold (MJS) for 2045 will be CAD 0.417, with a high forecast of CAD 0.431, and a lower forecast of CAD 0.404.
| Month | Share price in CAD |
| January | 0.404 |
| February | 0.406 |
| March | 0.409 |
| April | 0.411 |
| May | 0.414 |
| June | 0.416 |
| July | 0.418 |
| August | 0.421 |
| September | 0.423 |
| October | 0.426 |
| November | 0.428 |
| December | 0.431 |
Majestic Gold (MJS) Stock Price – Historical Pricing:
| Majestic Gold (MJS) historical stock price year | Historical Price |
| Majestic Gold (MJS) historical stock price 2014 | 0.045 CAD |
| Majestic Gold (MJS) historical stock price 2015 | 0.085 CAD |
| Majestic Gold (MJS) historical stock price 2016 | 0.070 CAD |
| Majestic Gold (MJS) historical stock price 2017 | 0.045 CAD |
| Majestic Gold (MJS) historical stock price 2018 | 0.070 CAD |
| Majestic Gold (MJS) historical stock price 2019 | 0.045 CAD |
| Majestic Gold (MJS) historical stock price 2020 | 0.065 CAD |
| Majestic Gold (MJS) historical stock price 2021 | 0.065 CAD |
| Majestic Gold (MJS) historical stock price 2022 | 0.115 CAD |
| Majestic Gold (MJS) historical stock price 2023 | 0.070 CAD |
Majestic Gold (MJS) Stock Price 2014
Majestic Gold (MJS) started its trading journey in 2014 at the price of 0.085 CAD. In February, the stock took a dip of 35.29% and in March the stock took a jump of 45.45%. From March – May, after making 3 consecutive higher-highs, the share price fell by 17.65% in June. In the subsequent months, the stock crashed even more to reach the value of 0.030 CAD in November from 0.085 CAD in June. The closing price of MJS for 2014 was 0.045 CAD.
Majestic Gold (MJS) Stock Price 2015
For 2015, the yearly opening price of Majestic Gold (MJS) was 0.040. In this year, MJS made some improvement in its stock price by making long green monthly candles, one of which took the share price up by 30% and another one by 40%. These green candles were the reason why MJS closed at 0.085 CAD in 2015.
Majestic Gold (MJS) Stock Price 2016
From January 2016 to May 2016, there was neither any increase nor any noticeable decrease in the share price of MJS. In June Majestic Gold’s share price went below its strong support level of 0.070 CAD. Then again in October MJS broke another support level of its. In December 2016, making a recovery of 27.27%, the stock closed at 0.070 CAD.
Majestic Gold (MJS) Stock Price 2017
On reliance of the previous green candle formed in December 2016, the stock went up by 57.14% in January 2017. But, from that time on, Majestic Gold’s stock price began to fall and it continued to crash throughout the year. The stock, which even reached the value of 0.115 CAD in February 2017, closed at just 0.045 CAD in December 2017.
Majestic Gold (MJS) Stock Price 2018
The chart of Majestic Gold for 2018 was almost opposite to its chart of 2017. In the year 2018, the stock began trading at just 0.050 CAD and after 9 months, the stock touched the value of 0.105 CAD. After making a resistance in September, the stock crashed to 0.070 CAD in 2018.
Majestic Gold (MJS) Stock Price 2019
Majestic Gold (MJS) continued crashing and started to make new “lower lows” in 2019. Finally, around 2019, the stock got some stability, and for the next few months until December, the stock remained at the same price range, and at the very last trading day of the year, it stopped at 0.045 CAD.
Majestic Gold (MJS) Stock Price 2020
MJS continued trading at the same sideways trend for the first month of 2020. From June 2020, the price of MJS started to rise up and it hit a resistance of 0.080 CAD in August. MJS bid farewell to the year 2020 at the price of 0.065 CAD.
Majestic Gold (MJS) Stock Price 2021
For 2021, the performance of Majestic Gold (MJS) was mostly sideways. The stock didn’t attempt to make any trend – upward or downward. MJS in 2021, closed at 0.065 CAD.
Majestic Gold (MJS) Stock Price 2022 & 2023
From November 2022, MJS started to move in a strong uptrend which took the share value as high as 0.115 CAD in 2022. Thereafter, the stock began to glide in a downtrend which made it close at 0.070 CAD in 2023.
Majestic Gold (MJS) Stock Price – Technical Analysis:
Chart and trend analysis:
Currently, after dismissing the effect of the downtrend from February 2023 to October 2023, the stock is trading in a sideways trend. In the previous month – the stock price has climbed by 25% upwards. The momentum is expected to continue for this month too.
Support and resistance analysis:
The stock has a Very strong support at the level of 0.055 CAD – this is the same support level why the stock has taken support in the last few months of 2016, in 2017, in 2018 & from January to April of 2021.
Majestic Gold (MJS) Stock Price – Fundamental Analysis:
Company financial overview:
With a market cap of 72.99 million Canadian dollars, and the company is a medium size to gold-mining company listed on the TSX Venture Exchange. Unlike many other mining companies that we have discussed in our previous posts, Majestic Gold (MJS) generates positive income every year and has a price to earning ratio (P/E ratio) of 6.65.
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Company performance:
In the last 5 years, there has been neither a steady increase in the revenue of the company, nor there has been a steady increase or decrease in the net income. Thankfully, for every year the revenue of Majestic Gold as well as the net income of the company remained positive.
Disclaimer
The stock price predictions are for informational purposes only. The author and blog are not responsible for any financial losses. Always consult a financial advisor.
FAQ
What was the revenue and the net income figure of Majestic Gold (MJS) for 2023?
In 2023, the gold-mining company reported a revenue of 74.27M CAD and a net-income of 10.20M CAD.
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