Pelangio Exploration Inc PGXPF
$0.13 $0.00 (2.93%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
PGXPF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Pelangio Exploration Inc is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
Pelangio Exploration Inc. Stock Analysis PGXPF
United States Materials Nano Cap Pelangio Exploration, Inc. is a junior gold exploration company, which engages in the acquisition and exploration of early stage or undervalued exploration prospects located in gold belts. The company is headquartered in Toronto, Ontario. The company went IPO on 2008-09-10. In Ghana, the Company is focused on its two 100%-owned camp-sized properties: the 100 square kilometers Manfo property, located on Ghana’s prodigious Sefwi Greenstone Belt, and the 284 square kilometers Obuasi property, located in the Ashanti Gold Belt. The Manfo project is located in the Sefwi-Bibiani greenstone belts of the Paleoproterozoic Birimian of southwest Ghana, about 15 km southeast of Newmont's Ahafo gold mine. Its Canadian properties include Grenfell, Mann, Birch Lake, Gowan, Poirier, Seeley and Thunder Gold. The Grenfell property is located in Grenfell Township, Ontario. The company has also entered into an agreement to acquire a 100% interest in the Dankran property located on the northeastern corner of the Company’s Obuasi project and an over 83% interest in the Nkosuo Mining Lease contiguous to the southern end of the Manfo Project.
Pelangio Exploration Inc (PGXPF) Chart
Financial Metrics & Statements of Pelangio Exploration Inc (PGXPF)
FAQ's for Pelangio Exploration Inc (PGXPF)
- As of August 2026, Pelangio Exploration Inc PGXPF is classified as doubtful 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 Pelangio Exploration Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Pelangio Exploration Inc 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 Pelangio Exploration Inc 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 Pelangio Exploration Inc 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 Pelangio Exploration Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Pelangio Exploration Inc (PGXPF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
