As of August 2026, Contango Silver & Gold Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Contango Silver & Gold Inc. Stock Analysis CTGO
United States Materials Small Cap
Contango Silver & Gold, Inc. is an exploration company, which engages in the development and production of gold and silver assets. The company is headquartered in Fairbanks, Alaska and currently employs 15 full-time employees. The company went IPO on 2010-12-15. The firm holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. The company also has a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, a lease on Lucky Shot project from the underlying owner, Alaska Hardrock Inc. and through its subsidiary has 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims. The company also owns a 100% interest in an additional approximately 145,000 acres of State of Alaska mining claims through its wholly owned subsidiary, which gives the Company an exclusive right to explore and develop minerals on these lands. The firm also owns Golden Zone and Amanita NE gold properties.
As of August 2026, Contango Silver & Gold Inc CTGO is classified as not halal 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 Contango Silver & Gold Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Contango Silver & Gold Inc 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 Contango Silver & Gold Inc 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 Contango Silver & Gold Inc 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 Contango Silver & Gold Inc 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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