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Majestic Gold Corp. Reports 2021 Q1 Results
VANCOUVER, BC / ACCESSWIRE / May 17, 2021 / Majestic Gold Corp. ( Majestic or the Company ) (TSXV:MJS)(FSE:MJT) reports its financial and operational results for the first quarter ended March 31, 2021. The following financial results are expressed in US dollars unless otherwise stated.
This release should be read in conjunction with the Company s unaudited condensed consolidated interim financial statements for the quarter end March 31, 2021 and associated Management Discussion and Analysis ( MD&A ) which are available on SEDAR www.sedar.com and on the Company s website www.majesticgold.com.
PERFORMANCE HIGHLIGHTS
Three months ended March 31, 2021
Gold revenue decreased by 44% to $5.8 million, from $10.3 million for the comparative period in FY2020;