Is Cassiar Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Cassiar Gold Corp (GLDC.V) 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 Cassiar Gold 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 Cassiar Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Cassiar Gold Corp?

Muslim investors may consider investing in Cassiar Gold 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 Cassiar Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Cassiar Gold 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 Cassiar Gold Corp updated?

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

Can a halal stock like Cassiar Gold 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 Cassiar Gold Corp?

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

GLDC.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 10, 2025

Report Source: 2025 2nd Quarter Report

Cassiar Gold Corp. Stock Analysis GLDC.V

Canada Materials Micro Cap Report: Q2, 2025

Cassiar Gold Corp. engages in the exploration and development of gold projects. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2011-01-18. The firm's Cassiar Gold property spans approximately 590 square kilometers (km2) and consists of two main project areas: Cassiar North and Cassiar South. The Cassiar North project area hosts the Taurus Deposit as well as multiple bulk-tonnage-style regional targets including the Wings Canyon, Snow Creek and Newcoast prospects. The project area also includes the Lucky high-grade vein prospect. The firm also holds a 100% interest in properties covering most of the Sheep Creek gold camp located near Salmo, British Columbia, Canada. The Sheep Creek Project consists of the Bayonne and Sheep Creek properties. The Sheep Creek Camp is highly prospective for both gold and silver discoveries. The Sheep Creek Camp consists of approximately 79 crown grants and 24 mineral tenures totaling 4,151 hectares in the Nelson mining division.

Key Statistics of Cassiar Gold Corp (GLDC.V)

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

Today's Range

CAD0.51CAD0.53

Today's Open

CAD0.52

Volume

213.00K

P/E Ratio (TTM)

52 Week Range

CAD0.19CAD0.73

Market Cap

75.23M

Avg. Volume

274.31K

Dividend Yield

Financial Metrics & Statements of Cassiar Gold Corp (GLDC.V)

FAQ's for Cassiar Gold Corp (GLDC.V)

According to Musaffa’s Shariah screening methodology, Cassiar Gold Corp (GLDC.V) 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.