Is GoldMining Inc halal to invest in?

According to Musaffa's Shariah screening methodology, GoldMining Inc (GOLD.TO) is currently classified as NOT HALAL as of March 2026. 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 GoldMining Inc 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 GoldMining Inc using these criteria to determine its compliance status.

Can Muslims buy shares of GoldMining Inc?

Muslim investors may consider investing in GoldMining Inc 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 GoldMining Inc classified as NOT HALAL?

Musaffa determines the Shariah status of GoldMining Inc 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 GoldMining Inc updated?

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

Can a halal stock like GoldMining Inc 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 GoldMining Inc?

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

GOLD.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2026

Report Source: 2025 Annual Report

GoldMining Inc. Stock Analysis GOLD.TO

Canada Materials Micro Cap Report: 2025 Annual

GoldMining, Inc. is a mineral exploration company, which engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia and currently employs 43 full-time employees. The company went IPO on 2018-06-19. The company controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. Its projects include Sao Jorge, Cachoeira, Boa Vista, Surubim, Batistao, Montes Aureos and Trinta, Whistler gold-copper, Nutmeg Mountain, Yellowknife Gold, Rea, La Mina, Titiribi, Yarumalito, and Crucero. The Titiribi project is a copper-gold exploration project located over 51 kilometers (km) from Medellin, Colombia. The La Mina project comprises two concessions covering over 3,208 hectares, located in the Department of Antioquia, Republic of Colombia. The Yellowknife Gold project is comprised of five properties: Ormsby - Bruce, Nicholas Lake, Goodwin Lake, Clan Lake, and Big Sky. Sao Jorge is a resource stage gold exploration project located four km west of the Cuiaba-Santarem Highway BR-163.

Key Statistics of GoldMining Inc (GOLD.TO)

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

Today's Range

CAD1.51CAD1.61

Today's Open

CAD1.61

Volume

648.38K

P/E Ratio (TTM)

52 Week Range

CAD0.98CAD3.10

Market Cap

342.40M

Avg. Volume

398.27K

Dividend Yield

Financial Metrics & Statements of GoldMining Inc (GOLD.TO)

FAQ's for GoldMining Inc (GOLD.TO)

According to Musaffa’s Shariah screening methodology, GoldMining Inc (GOLD.TO) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.