Is Austral Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Austral Gold Ltd (AGD.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Austral Gold Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Austral Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Austral Gold Ltd?

Muslim investors may consider investing in Austral Gold Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Austral Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Austral Gold Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Austral Gold Ltd updated?

The Shariah compliance status of Austral Gold Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Austral Gold Ltd become non-compliant?

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.

Where can I check the Shariah status of Austral Gold Ltd?

You can check the latest Shariah compliance status of Austral Gold Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

AGD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 28, 2025

Report Source: 2024 Annual Report

Austral Gold Ltd. Stock Analysis AGD.AX

Australia Materials Micro Cap Report: 2024 Annual

Austral Gold Ltd. engages in the exploration and mining of precious metals. The company is headquartered in Sydney, New South Wales. The firm is focused on production, exploring, and equity investments for new gold deposits in the Americas. The company owns a 100% interest in the Guanaco/Amancaya mines in Chile and the Casposo-Manantiales mine complex in Argentina, and a non-controlling interest in the Rawhide Mine in Nevada, United States of America. The company has produced approximately 5,996 gold equivalent ounces at the Guanaco/Amancaya mine complex in Chile. The Guanaco/Amancaya mines in Chile operation is in northern Chile in the Antofagasta Region, approximately 220 kilometers (km) southeast of Antofagasta City. The Casposo-Manantiales mine is situated approximately 150 km northwest of San Juan City, in the Department of Calingasta, San Juan Province, Argentina. Its explorations include the Triassic Choiyoi Belt and Paleocene Belt. Under its equity investments, the Company holds shares and options in Unico Silver.

Key Statistics of Austral Gold Ltd (AGD.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD0.15AUD0.16

Today's Open

AUD0.16

Volume

74.36K

P/E Ratio (TTM)

4.70

52 Week Range

AUD0.04AUD0.25

Market Cap

100.22M

Avg. Volume

29.85K

Dividend Yield

Financial Metrics & Statements of Austral Gold Ltd (AGD.AX)

FAQ's for Austral Gold Ltd (AGD.AX)

According to Musaffa’s Shariah screening methodology, Austral Gold Ltd (AGD.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.