Is Prodigy Gold NL halal to invest in?

According to Musaffa's Shariah screening methodology, Prodigy Gold NL (PRX.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 Prodigy Gold NL 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 Prodigy Gold NL using these criteria to determine its compliance status.

Can Muslims buy shares of Prodigy Gold NL?

Muslim investors may consider investing in Prodigy Gold NL 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 Prodigy Gold NL classified as NOT HALAL?

Musaffa determines the Shariah status of Prodigy Gold NL 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 Prodigy Gold NL updated?

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

Can a halal stock like Prodigy Gold NL 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 Prodigy Gold NL?

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

PRX.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2025

Report Source: 2025 2nd Quarter Report

Prodigy Gold NL. Stock Analysis PRX.AX

Australia Materials Nano Cap Report: Q2, 2025

Prodigy Gold NL engages in the exploration and evaluation of mineral resources. The company is headquartered in Darwin, Northern Territory. The firm has greenfield and brownfield exploration projects and prospects in Tanami Gold Province, hosting deposits such as Newmont Australia’s Tanami operation, and its Oberon Deposit. The company is focused on the development of its Tanami North and Twin Bonanza projects. The Tanami North project area is located about 150 kilometers (km) to the south of Lajamanu and 470 km west of Tennant Creek. The Tanami North project covers an area of approximately 2,415 square kilometers (km2) and hosts two mineral resources at Tregony and Hyperion. The Hyperion Deposit is located on EL9250. The Tregony Deposit is located south-west of the community of Lajamanu. This area hosts gold deposits including the 1.3 million ounce Groundrush/Ripcord Deposit. Its Tanami West Project is located 650 km to the north-west of Alice Springs. The project covers an area of approximately 2,248 km2.

Key Statistics of Prodigy Gold NL (PRX.AX)

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

Today's Range

AUD0.08AUD0.08

Today's Open

AUD0.08

Volume

66.10K

P/E Ratio (TTM)

52 Week Range

AUD0.02AUD0.09

Market Cap

27.98M

Avg. Volume

3.58M

Dividend Yield

Financial Metrics & Statements of Prodigy Gold NL (PRX.AX)

FAQ's for Prodigy Gold NL (PRX.AX)

According to Musaffa’s Shariah screening methodology, Prodigy Gold NL (PRX.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.