Is Great Divide Mining Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Great Divide Mining Ltd (GDM.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 Great Divide Mining 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 Great Divide Mining Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Great Divide Mining Ltd?

Muslim investors may consider investing in Great Divide Mining 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 Great Divide Mining Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Great Divide Mining 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 Great Divide Mining Ltd updated?

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

Can a halal stock like Great Divide Mining 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 Great Divide Mining Ltd?

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

GDM.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Great Divide Mining Ltd. Stock Analysis GDM.AX

Australia Materials Nano Cap Report: Q2, 2025

Great Divide Mining Ltd. engages in gold ore mining. The company is headquartered in Brisbane, Queensland. The company went IPO on 2023-08-25. The firm's projects include Yellow Jack, Coonambula, Devil’s Mountain, and Cape. The Yellow Jack is an advanced gold project situated between Kidston (five million ounces (Moz)) and Charters Towers (17.6 Moz) gold mines. The Cape Project comprises two greenfield opportunities, the Bonanza and New Goldfields tenements. The Devil’s Mountain Project is an advanced gold and copper project centred within the historic gold mine area, which is close to Brisbane. The Coonambula is an advanced antimony and gold exploration with historic mines. The company has two primary targets: Perseverance and Banshee. The company also holds an interest in Challenger Gold Mine, which is located in Adelong, New South Wales (NSW), Australia.

Key Statistics of Great Divide Mining Ltd (GDM.AX)

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

Today's Range

AUD0.33AUD0.35

Today's Open

AUD0.34

Volume

33.67K

P/E Ratio (TTM)

52 Week Range

AUD0.28AUD0.48

Market Cap

27.18M

Avg. Volume

12.96K

Dividend Yield

Financial Metrics & Statements of Great Divide Mining Ltd (GDM.AX)

FAQ's for Great Divide Mining Ltd (GDM.AX)

According to Musaffa’s Shariah screening methodology, Great Divide Mining Ltd (GDM.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.