Mexus Gold US is an exploration stage mining company and is engaged in the evaluation, acquisition, exploration and advancement of gold, silver and copper projects in the state of Nevada and Mexico, as well as, the salvage of precious metals from identifiable sources. The company is headquartered in Carson City, Nevada and currently employs 1 full-time employees. The firm evaluates, acquires, explores and advancement of gold, silver and copper projects in the State of Sonora, Mexico. The Company’s projects include Santa Elena Gold, Mabel Project, Ures Property, San Felix Mine and Cable Recovery. The Santa Elena mine is located approximately 54 kilometers (km) northwest of Caborca, Sonora State, Mexico. The project consists of nine concessions and totals over 6500 acres. The Mabel Project is comprised of approximately 2,128 hectares (5,258 acres) and is located approximately 52 km southwest from Nogales, Sonora State, Mexico and 34 km south of the United States border at Sasabe. The company owns mineral rights to approximately 10,000 acres over nine concessions near Hermosillo, Mexico. The concessions include the Ocho Hermanos, 370, San Ramon, Plan Osa, Edgar 1, Edgar 2, El Scorpio, Los Laureles and Eusol.
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As of August 2026, Mexus Gold US MXSG is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mexus Gold US using these criteria to determine its compliance status.
Muslim investors may consider investing in Mexus Gold US 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 Mexus Gold US 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 Mexus Gold US 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 Mexus Gold US on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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