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Majestic Gold FY26 H1 net income rises 25.5% to $12.6 million; revenue increases 23.2% to $52.7 million

PUBT·08/31/2026 12:06:57
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Majestic Gold FY26 H1 net income rises 25.5% to $12.6 million; revenue increases 23.2% to $52.7 million
  • Majestic Gold posted six-month revenue of US$52.7 million, up 23.2% from the prior-year period.
  • Net income rose 25.5% to US$12.6 million, while operating cash flow climbed 67.5% to US$20.1 million.
  • Gold output fell 24.3% to 12,027 ounces due to a temporary Yantai-wide mining suspension in February, resuming end-March.
  • Total cash costs increased to US$1,415 per ounce, while all-in sustaining costs widened to US$2,167 per ounce.
  • Board declared a special cash dividend of C$0.0055 per share, payable Oct. 9 to holders of record Sept. 16.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Majestic Gold Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608310805TNWSWRCACNPR_____1BQPF4DzG) on August 31, 2026, and is solely responsible for the information contained therein.