Is ESGold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, ESGold Corp (ESAU.CN) is currently classified as NOT HALAL as of May 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 ESGold Corp 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 ESGold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of ESGold Corp?

Muslim investors may consider investing in ESGold 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.

Why is ESGold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of ESGold Corp 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 ESGold Corp updated?

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

Can a halal stock like ESGold Corp 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 ESGold Corp?

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

ESAU.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 02, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for ESGold Corp (ESAU.CN)

Based on 7 analysts giving stock ratings to ESGold Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

ESGold Corp. Stock Analysis ESAU.CN

Canada Materials Nano Cap Report: Q2, 2025

ESGold Corp. operates as an environmental aware resource exploration and processing company. The firm is in the process of acquiring and evaluating potential exploration projects in Canada. The company is advancing its Montauban Gold-Silver Project. Its principal restoration and recovery project is the Montauban property situated in Quebec, just 80 kilometers west of Quebec City. The Montauban Mine Property comprises approximately 265 mining claims or 13,116 hectares in the Notre-Dame-de-Montauban municipality, Quebec. The firm is also exploring turning tailings into green construction resources by using polymer to bond processed tailings into various building materials, such as bricks, cinder blocks, paving stones, patio tiles, parking columns and highway Jersey barriers for traffic lane demarcation.

Key Statistics of ESGold Corp (ESAU.CN)

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

Today's Range

CAD0.49CAD0.50

Today's Open

CAD0.50

Volume

68.23K

P/E Ratio (TTM)

52 Week Range

CAD0.38CAD1.44

Market Cap

50.36M

Avg. Volume

235.69K

Dividend Yield

Financial Metrics & Statements of ESGold Corp (ESAU.CN)

FAQ's for ESGold Corp (ESAU.CN)

According to Musaffa’s Shariah screening methodology, ESGold Corp (ESAU.CN) is currently classified as NOT HALAL as of May 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.