Andes Gold Corp is engaged in the operation of leased mineral properties, which mines for mineral resources. The company is headquartered in Topeka, Kansas. The firm's business is focused on finding, developing and producing gold assets in Ecuador, Peru and other locations in South America. The firm is engaged in evaluating such properties with the intention of acquiring additional existing, independent gold properties with proven gold reserves in South America. The Ecuadorian gold project has a gold resource. The firm holds an interest in Compania Minera Pl. S.A. The development of the properties is through the contracting of companies. The firm is a subsidiary of New World Gold Corporation. The firm's facilities are located in the United States and Ecuador.
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As of August 2026, Andes Gold Corp AGCZ is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Andes Gold Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Andes Gold Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Andes Gold Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Andes Gold Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Andes Gold Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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