Is TomaGold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, TomaGold Corp (LOT.V) is currently classified as NOT HALAL as of May 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 TomaGold 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 TomaGold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of TomaGold Corp?

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

Musaffa determines the Shariah status of TomaGold 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 TomaGold Corp updated?

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

Can a halal stock like TomaGold 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 TomaGold Corp?

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

LOT.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 06, 2025

Report Source: 2025 2nd Quarter Report

TomaGold Corp. Stock Analysis LOT.V

Canada Materials Nano Cap Report: Q2, 2025

TomaGold Corp. is a canadian mineral exploration corporation, which engages in the provision of acquisition, assessment, exploration, and development of gold mineral properties. The company is headquartered in Montreal, Quebec. The company went IPO on 2007-11-23. The firm is focused on consolidating the Chibougamau Mining Camp in northern Quebec. The firm holds various claims around the Chibougamau Mining Camp and in the James Bay area. The company also owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a 24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario through a joint venture with Evolution Mining Ltd. and New Gold Inc. The Obalski property consists of about 75 claims covering a total of 2,740 hectares (ha) and located approximately 2 kilometers (km) south of Chibougamau, Quebec. The Radar property is located 3 km north of the city of Chibougamau. The William Property is situated 7 km southwest of the town of Chibougamau.

Key Statistics of TomaGold Corp (LOT.V)

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

Today's Range

CAD0.05CAD0.05

Today's Open

CAD0.05

Volume

444.42K

P/E Ratio (TTM)

6,193.44

52 Week Range

CAD0.02CAD0.11

Market Cap

14.81M

Avg. Volume

361.78K

Dividend Yield

Financial Metrics & Statements of TomaGold Corp (LOT.V)

FAQ's for TomaGold Corp (LOT.V)

According to Musaffa’s Shariah screening methodology, TomaGold Corp (LOT.V) is currently classified as NOT HALAL as of May 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.