Soma Gold Corp SMAGF
$0.58 $0.03 (5.51%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
SMAGF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Soma Gold Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Soma Gold Corp. Stock Analysis SMAGF
United States Materials Micro Cap Soma Gold Corp. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2010-11-19. The firm is focused on gold production and exploration. The company is engaged in the business of acquiring, exploring, developing, and operating mining properties in South America. The company owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tpd. The firm's principal operation is the El Bagre Gold Mining Complex (El Bagre), which consists of an operating gold processing plant (the El Bagre Mill) and the Cordero underground mine. The El Limon Project (El Limon) is adjacent to the El Bagre Project and includes a past producing underground mine and a gold processing plant with a capacity of approximately 225 tpd. The firm also owns an exploration property, Tucuma Exploration Project (Tucuma), a copper/gold exploration project, which is located in the Carajas metallogenic province in the State of Para, Brazil. Its exploration projects include the Nechi Project, the Zara Project, and the Otu Project.
Soma Gold Corp (SMAGF) Chart
Financial Metrics & Statements of Soma Gold Corp (SMAGF)
FAQ's for Soma Gold Corp (SMAGF)
- As of August 2026, Soma Gold Corp SMAGF is classified as not halal 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 Soma Gold Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Soma Gold 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.
- Musaffa determines the Shariah status of Soma Gold Corp 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 Soma Gold Corp 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 Soma Gold Corp 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 Soma Gold Corp (SMAGF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
