Majestic Gold (TSXV:MJS) Construction In Progress: C$28.5 Mil (As of Mar. 2026)


What is Majestic Gold Construction In Progress?

Majestic Gold TSXV:MJS Construction In Progress is C$28.5 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

Majestic Gold's quarterly construction in progress increased from Sep. 2025 (C$17.6 Mil) to Dec. 2025 (C$27.3 Mil) and increased from Dec. 2025 (C$27.3 Mil) to Mar. 2026 (C$28.5 Mil).

Majestic Gold's annual construction in progress stayed the same from Dec. 2023 (C$0.0 Mil) to Dec. 2024 (C$0.0 Mil) but then increased from Dec. 2024 (C$0.0 Mil) to Dec. 2025 (C$27.3 Mil).

Majestic Gold Construction In Progress Historical Data

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The historical data trend for Majestic Gold's Construction In Progress 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 Construction In Progress Chart

Majestic Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 27.27

Majestic Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress 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 11.49 13.90 17.57 27.27 28.45

Majestic Gold Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of C$28.5 Mil mean?
Majestic Gold (TSXV:MJS) has a Construction In Progress of C$28.5 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Majestic Gold and its competitors.
Is Majestic Gold's Construction In Progress too high?
Majestic Gold's current Construction In Progress is C$28.5 Mil.
How does Majestic Gold's Construction In Progress compare to NEM and AU?
Majestic Gold's Construction In Progress of C$28.5 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 Construction In Progress for a Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Majestic Gold and its competitors. Majestic Gold's current Construction In Progress is C$28.5 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$0.10 — trading 23.1% below its estimated fair value. The current Construction In Progress is C$28.5 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Majestic Gold (TSXV:MJS), the current Construction In Progress is C$28.5 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.

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.