Is Timberline Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Timberline Resources Corp (TLRS) is currently classified as NOT HALAL as of July 2024. 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 Timberline Resources 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 Timberline Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Timberline Resources Corp?

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

Musaffa determines the Shariah status of Timberline Resources 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 Timberline Resources Corp updated?

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

Can a halal stock like Timberline Resources 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 Timberline Resources Corp?

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

TLRS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 31, 2024

Report Source: 2024 2nd Quarter Report

Timberline Resources Corp. Stock Analysis TLRS

United States Materials Nano Cap Report: Q2, 2024

Timberline Resources Corp. engages in exploration, evaluation, and extraction of mineral properties. The company is headquartered in Coeur D'Alene, Idaho and currently employs 3 full-time employees. The Company’s flagship project is the Lookout Mountain Project which contains a gold zone as part of a 500K oz (M&I) resource. The firm's projects include Eureka, The Paiute, and Seven Troughs. The Eureka project area covers approximately 27 square-miles and 18,200 acres comprising Bureau of Land Management (BLM) unpatented, and patented claim groups. The Paiute project area sits within the Battle Mountain mining district and covers approximately 1,343 acres in a total of 65 unpatented BLM mining claims. The Seven Troughs project package covers 4,100 acres, consisting of 64 patented and 238 unpatented lode mining claims, along with 162 additional unpatented lode mining claims. Its subsidiaries include Lookout Mountain LLC, Wolfpack Gold (Nevada) Corp., Staccato Gold Resources, Ltd., and others.

Key Statistics of Timberline Resources Corp (TLRS)

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

Today's Range

$0.09$0.10

Today's Open

$0.10

Volume

55.29K

P/E Ratio (TTM)

52 Week Range

$0.04$0.17

Market Cap

17.12M

Avg. Volume

25.45K

Dividend Yield

Financial Metrics & Statements of Timberline Resources Corp (TLRS)

FAQ's for Timberline Resources Corp (TLRS)

According to Musaffa’s Shariah screening methodology, Timberline Resources Corp (TLRS) is currently classified as NOT HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.