Is Uranium American Resources Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Uranium American Resources Inc (TNGL) is currently classified as NOT HALAL as of May 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 Uranium American Resources Inc 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 Uranium American Resources Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Uranium American Resources Inc?

Muslim investors may consider investing in Uranium American Resources 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.

Why is Uranium American Resources Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Uranium American Resources Inc 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 Uranium American Resources Inc updated?

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

Can a halal stock like Uranium American Resources Inc 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 Uranium American Resources Inc?

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

TNGL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 24, 2025

Report Source: 2025 1st Quarter Report

Uranium American Resources Inc. Stock Analysis TNGL

United States Materials Nano Cap Report: Q1, 2025

Tonogold Resources, Inc. engages in the exploration and development of mining properties. The company is headquartered in Woodland Hills, California. The company went IPO on 2001-06-21. The firm is in the process of acquiring three low risk projects located in west central USA known for historic production of uranium and vanadium close to significant mines and operating plants. The firm's project includes Marysvale Project, SKY Project, and Stateline Project. The Marysvale Project consists of a hardrock uranium and vanadium mine with significant historical production. The SKY Project consists of a uranium roll front asset with promising in-situ recovery potential. The Stateline Project includes a cluster of more than 19 historic high-grade vanadium and uranium mines located across Montrose County, Colorado, and San Juan County, Utah.

Key Statistics of Uranium American Resources Inc (TNGL)

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

Today's Range

$0.03$0.03

Today's Open

$0.03

Volume

348.10K

P/E Ratio (TTM)

52 Week Range

$0.01$0.04

Market Cap

12.99M

Avg. Volume

301.41K

Dividend Yield

Financial Metrics & Statements of Uranium American Resources Inc (TNGL)

FAQ's for Uranium American Resources Inc (TNGL)

According to Musaffa’s Shariah screening methodology, Uranium American Resources Inc (TNGL) is currently classified as NOT HALAL as of May 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.