Is Hummingbird Resources PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Hummingbird Resources PLC (HUM.L) is currently classified as NOT HALAL as of September 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 Hummingbird Resources PLC 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 Hummingbird Resources PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Hummingbird Resources PLC?

Muslim investors may consider investing in Hummingbird Resources PLC 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 Hummingbird Resources PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Hummingbird Resources PLC 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 Hummingbird Resources PLC updated?

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

Can a halal stock like Hummingbird Resources PLC 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 Hummingbird Resources PLC?

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

Hummingbird Resources PLC HUM.L

$2.70 $0.05 (1.82%) 1D

Last Updated: Feb 28, 12:00 AM·LSE

HUM.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: September 30, 2024

Report Source: 2024 2nd Quarter Report

Analyst's Ratings for Hummingbird Resources PLC (HUM.L)

Based on 9 analysts giving stock ratings to Hummingbird Resources PLC in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Hummingbird Resources PLC. Stock Analysis HUM.L

United Kingdom Materials Nano Cap Report: Q2, 2024

Hummingbird Resources Plc engages in the exploration, development, and exploitation of mineral resources. The firm has two core gold projects: its flagship asset, the Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea. The company also controls the Dugbe Gold Project in Liberia. The Yanfolila Gold Mine is located in southern Mali, and is a high-grade open pit mining operation with significant underground potential. The Kouroussa Mine is situated in the prolific Siguiri Basin in Guinea and has a high-grade resources base of 1.2 million ounces (Moz) at 3.02 grams per ton (g/t) and Reserves of 647 koz at 4.15 g/t. The Dugbe Gold Mine is situated within the Dugbe Shear Zone and crosses its Dugbe and Joe Village Licences. The Dugbe Shear Zone is located in south-eastern Liberia, located 40 miles by road from the deep-water port of Greenville, the capital city of County Sinoe. The Dugbe Gold Mine is made up of three mineral-rich discoveries (Dugbe F, Tuzon and Sackor).

Key Statistics of Hummingbird Resources PLC (HUM.L)

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

Today's Range

$2.60$2.70

Today's Open

$2.75

Volume

548.58K

P/E Ratio (TTM)

52 Week Range

$2.10$2.80

Market Cap

45.99M

Avg. Volume

893.46K

Dividend Yield

Financial Metrics & Statements of Hummingbird Resources PLC (HUM.L)

FAQ's for Hummingbird Resources PLC (HUM.L)

According to Musaffa’s Shariah screening methodology, Hummingbird Resources PLC (HUM.L) is currently classified as NOT HALAL as of September 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.