Majestic Gold (TSXV:MJS) Beginning Cash Position: C$229.3 Mil (As of Mar. 2026)


TSXV:MJS Majestic Gold Corp TSXV:MJS
56 GF Score
Price C$0.11
GF Value C$0.13
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Majestic Gold Beginning Cash Position?

Majestic Gold TSXV:MJS 56 Beginning Cash Position is C$229.3 Mil as of Mar. 2026. GuruFocus rates TSXV:MJS with a GF Score™ of 56/100 and a GF Value™ of C$0.13 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Majestic Gold's Beginning Cash Position for the quarter that ended in Mar. 2026 was C$229.3 Mil.

Majestic Gold's quarterly Beginning Cash Position increased from Sep. 2025 (C$143.1 Mil) to Dec. 2025 (C$144.3 Mil) and increased from Dec. 2025 (C$144.3 Mil) to Mar. 2026 (C$229.3 Mil).

Majestic Gold's annual Beginning Cash Position increased from Dec. 2023 (C$60.9 Mil) to Dec. 2024 (C$139.6 Mil) but then declined from Dec. 2024 (C$139.6 Mil) to Dec. 2025 (C$139.0 Mil).

Majestic Gold Beginning Cash Position Related Terms

Majestic Gold Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Majestic Gold's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Majestic Gold Beginning Cash Position Chart

Majestic Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.23 47.37 60.86 139.58 138.97

Majestic Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 144.62 147.06 143.13 144.34 229.26
TSXV:MJS
56GF Score
Majestic Gold Corp TSXV:MJS
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Majestic Gold Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of C$229.3 Mil mean?
Majestic Gold (TSXV:MJS) has a Beginning Cash Position of C$229.3 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Majestic Gold and its competitors.
Is Majestic Gold's Beginning Cash Position too high?
Majestic Gold's current Beginning Cash Position is C$229.3 Mil. Overall, Majestic Gold has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Majestic Gold's Beginning Cash Position compare to NEM and AU?
Majestic Gold's Beginning Cash Position of C$229.3 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Majestic Gold and its competitors. Majestic Gold's current Beginning Cash Position is C$229.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.11 — trading 19.2% below its estimated fair value. The current Beginning Cash Position is C$229.3 Mil. Majestic Gold's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Majestic Gold (TSXV:MJS), the current Beginning Cash Position is C$229.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Majestic Gold (TSXV:MJS) Overvalued in 2026?

Based on GuruFocus' analysis, Majestic Gold stock appears to be undervalued. The current stock price of C$0.11 is trading 19.2% below its estimated GF Value™ of C$0.13. GuruFocus considers Majestic Gold to be Modestly Undervalued.

Key valuation signals for TSXV:MJS:

  • Beginning Cash Position: C$229.3 Mil
  • GF Value™: C$0.13 vs. price of C$0.11 (19.2% below fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the TSXV:MJS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Majestic Gold Business Description

Other Exchanges MJGCF:USAMJT:Germany
Address 306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
56GF Score

Get the complete analysis for TSXV:MJS

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.11
Price
C$0.13
GF Value