Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
MAGE Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: July 31, 2024
Report Source: 2024 1st Quarter Report
Magellan Copper and Gold Corp. Stock Analysis MAGE
United States N/A Nano Cap Report: Magellan Copper & Gold Corp. engages in the exploration and development of precious metals in North America. The company is headquartered in Wallace, Idaho. The company went IPO on 2012-05-09. The firm has two primary gold projects, the Cable Mine in Montana, and the Center Star Mine, located near Elk City, Idaho. The firm also controls three copper projects, two in Idaho and one in Arizona.
Read More Magellan Copper and Gold Corp (MAGE) Chart
Key Statistics of Magellan Copper and Gold Corp (MAGE)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.10Volume
18.53KP/E Ratio (TTM)
-52 Week Range
Market Cap
3.23MAvg. Volume
5318.00Dividend Yield
-Financial Metrics & Statements of Magellan Copper and Gold Corp (MAGE)
FAQ's for Magellan Copper and Gold Corp (MAGE)
- According to Musaffa’s Shariah screening methodology, Magellan Copper and Gold Corp (MAGE) is currently classified as NOT HALAL as of July 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Magellan Copper and Gold Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Magellan Copper and 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.
- Musaffa determines the Shariah status of Magellan Copper and Gold Corp 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 Magellan Copper and Gold Corp 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 Magellan Copper and Gold Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.