Market Cap: 88.63 Million
Cash Position: 43.30 Million
Total Debt: 0 2022 Net Income 6 months: 11.30 Million The financial summary for 2 most recent quarters:
June 30, 2022
Revenue: $16,438,676
Net income (loss): $5,844,799
Income per share: 0.01
March 31, 2022
Revenue: $16,966,985
Net income (loss): $5,417,860
Income per share: 0.01
Shandong Mining trading at 25 times Net Income. Majestic Market Cap Calculation as per Peers
- Majestic first 6 months net income: 11.3 Million
- 12 Month projected Net Income: 23.0 Million
- 23 Million x 25 times multiple = 575 Million