Great Divide Mining Ltd GDM.AX
AUD0.34
Last Updated: Aug 14, 12:00 AM·ASX
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GDM.AX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Great Divide Mining Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Great Divide Mining Ltd. Stock Analysis GDM.AX
Australia Materials Nano Cap 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.
Great Divide Mining Ltd (GDM.AX) Chart
Financial Metrics & Statements of Great Divide Mining Ltd (GDM.AX)
FAQ's for Great Divide Mining Ltd (GDM.AX)
- As of August 2026, Great Divide Mining Ltd GDM.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 Great Divide Mining Ltd using these criteria to determine its compliance status.
- 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.
- 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.
- 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.
- 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 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.
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