Is Fremont Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Fremont Gold Ltd (FRE.V) is currently classified as NOT HALAL as of November 2024. 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 Fremont 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 Fremont Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Fremont Gold Ltd?

Muslim investors may consider investing in Fremont 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 Fremont Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Fremont 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 Fremont Gold Ltd updated?

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

Can a halal stock like Fremont 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 Fremont Gold Ltd?

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

FRE.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 02, 2024

Report Source: 2025 1st Quarter Report

Fremont Gold Ltd. Stock Analysis FRE.V

Canada Materials Nano Cap Report: Q1, 2025

Fremont Gold Ltd. is an exploration stage company, which engages in the acquisition and exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-09-24. The principal business activity of the Company is the acquisition and exploration of mineral properties located in the United States. The firm's projects include Griffon gold project (Griffon), Cobb Creek gold project, and Hurricane project. Griffon consists of about 89 unpatented mining claims, which are located at the southern end of the Cortez Trend, approximately 75 kilometers (km) southwest of Ely. The Cobb Creek gold project is located in Elko County, Nevada. The Hurricane project is in the Cortez Trend in Lander County, approximately three km northwest of Barrick's Hilltop deposit, Nevada.

Key Statistics of Fremont Gold Ltd (FRE.V)

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

Today's Range

CAD0.13CAD0.14

Today's Open

CAD0.14

Volume

25.00K

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.14

Market Cap

5.82M

Avg. Volume

47.57K

Dividend Yield

Financial Metrics & Statements of Fremont Gold Ltd (FRE.V)

FAQ's for Fremont Gold Ltd (FRE.V)

According to Musaffa’s Shariah screening methodology, Fremont Gold Ltd (FRE.V) is currently classified as NOT HALAL as of November 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.