Is Peregrine Gold Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Peregrine Gold Ltd (PGD.AX) is currently classified as NOT HALAL as of July 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 Peregrine Gold Ltd 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 Peregrine Gold Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Peregrine Gold Ltd?

Muslim investors may consider investing in Peregrine Gold Ltd 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 Peregrine Gold Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Peregrine Gold Ltd 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 Peregrine Gold Ltd updated?

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

Can a halal stock like Peregrine Gold Ltd 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 Peregrine Gold Ltd?

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

PGD.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Peregrine Gold Ltd. Stock Analysis PGD.AX

Australia Materials Nano Cap Report: Q2, 2025

Peregrine Gold Ltd. operates as a mineral exploration company. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-03-31. The firm holds a 100% interest in the Newman Gold Project, consisting of exploration tenements covering approximately 1900 square kilometers (km2). The Newman Gold Project is located 30 kilometers (km) south and west of Newman, Western Australia and 1000 km north-northeast of Perth, Western Australia. Its Mallina Gold Project (E45/5399, E45/5400, E45/5780 and E45/7123) covers 1,733 km2 of the prospective Mallina Basin strata that hosts De Grey Mining’s Hemi gold deposit. Its Pilgangoora North Lithium Prospect Exploration Licence (E45/5775) is located approximately five kilometers along the strike from Pilgangoora. The Company’s Rocklea Project in Western Australia covers a land package of approximately six exploration licenses covering over 1,250 square kilometers (km2).

Key Statistics of Peregrine Gold Ltd (PGD.AX)

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

Today's Range

AUD0.14AUD0.14

Today's Open

AUD0.14

Volume

1453.00

P/E Ratio (TTM)

52 Week Range

AUD0.12AUD0.39

Market Cap

15.32M

Avg. Volume

52.22K

Dividend Yield

Financial Metrics & Statements of Peregrine Gold Ltd (PGD.AX)

FAQ's for Peregrine Gold Ltd (PGD.AX)

According to Musaffa’s Shariah screening methodology, Peregrine Gold Ltd (PGD.AX) is currently classified as NOT HALAL as of July 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.