As of August 2026, E79 Gold Mines Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
E79 Gold Mines Ltd. Stock Analysis E79.AX
Australia Materials Nano Cap
E79 Gold Mines Ltd. opeates as a mineral exploration company. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2013-01-12. The Laverton South Project is positioned within the Eastern Goldfields Superterrane of the Archean Yilgarn Craton, at the southern extension of the Laverton Tectonic Zone (LTZ) - a 250km-long, gold-rich structural corridor. The Mountain Home Copper-Gold Project is in the highly endowed McArthur Basin in the Northern Territory. The company has over1,366km2 of tenure within the prolific McArthur Basin, prospecting copper and gold. The Jungar Flats Gold Project is located in the North Murchison region and covers an area of around 698 km2. The Cue Gold Project is in the highly prospective Murchison Gold Province, Western Australia and covers an area of over 65 km2 in the Day Dawn Goldfield and is situated immediately south of Westgold’s renowned Great Fingall Gold Mine.
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Financial Metrics & Statements of E79 Gold Mines Ltd (E79.AX)
FAQ's for E79 Gold Mines Ltd (E79.AX)
As of August 2026, E79 Gold Mines Ltd E79.AX 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 E79 Gold Mines Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in E79 Gold Mines 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.
Musaffa determines the Shariah status of E79 Gold Mines Ltd 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 E79 Gold Mines Ltd 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 E79 Gold Mines Ltd 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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