Majestic Gold Reports Q1 GAAP EPS of $0.00 and Revenue of $23.6 Million
Majestic Gold reported a first-quarter GAAP earnings per share (EPS) of $0.00 with revenue reaching $23.6 million, representing a 21% year-over-year increase. The company maintained positive cash flow from operating activities at $4.9 million but experienced a significant decline in gold production by 35.9%, down to 5,276 ounces compared to the previous quarter.
Topics: financial_performance gold_production