Is Palamina Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Palamina Corp (PA.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 Palamina 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 Palamina Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Palamina Corp?

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

Musaffa determines the Shariah status of Palamina 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 Palamina Corp updated?

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

Can a halal stock like Palamina 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 Palamina Corp?

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

PA.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 07, 2025

Report Source: 2024 Annual Report

Analyst's Ratings for Palamina Corp (PA.V)

Based on 7 analysts giving stock ratings to Palamina Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Palamina Corp. Stock Analysis PA.V

Canada Materials Nano Cap Report: 2024 Annual

Palamina Corp. engages in the exploration of economic mineral deposits in Peru. The company is headquartered in Toronto, Ontario. The company went IPO on 2015-11-13. Its projects include Usicayos Gold Project, Panorama Gold Project, Gaban Gold Project, Cristel Gold Project, Bendi Gold Project, Cori Gold Project, Inca Gold Project, Galena Silver-Copper Polymetallic Project, Sora Copper Gold Porphyry Project, Volcano Copper Silver Project, Ica Copper Gold Project, and Pluma Sedimentary Hosted Copper Silver Project. Usicayos gold project consists10,488 hectares (ha) of mineral concessions. The company owns mineral rights to 2,300 ha at Panorama. The Cristel project consists of 3,500 ha of mineral rights. The Bendi Gold Project is located in the Benditani Mine district in Carabaya Province in the Puno Orogenic Gold Belt. The company Esperanza Project which covers a 60.75 ha area located in the Santa Lucia district in southeastern Peru.

Key Statistics of Palamina Corp (PA.V)

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

Today's Range

CAD0.17CAD0.17

Today's Open

CAD0.17

Volume

40.00K

P/E Ratio (TTM)

52 Week Range

CAD0.10CAD0.23

Market Cap

16.60M

Avg. Volume

64.84K

Dividend Yield

Financial Metrics & Statements of Palamina Corp (PA.V)

FAQ's for Palamina Corp (PA.V)

According to Musaffa’s Shariah screening methodology, Palamina Corp (PA.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.