UG.CN Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: February 26, 2026
Report Source: 2025 3rd Quarter Report
Upside Gold Corp. Stock Analysis UG.CN
Upside Gold Corp. operates as a gold and mineral exploration company. The company is headquartered in Calgary, Alberta. The company went IPO on 2026-01-05. The firm is engaged in the discovery and development of precious and base metal deposits. The company has entered into an option agreement to acquire a 100% interest in the Kena Gold-Copper Project, located in southeastern British Columbia, approximately seven kilometers southwest of Nelson. The company is focused on developing the historical Kena Gold-Copper Project in the Tier-1 mining jurisdiction of south-central British Columbia, Canada. The project spans over 10,000 hectares in British Columbia’s highly prospective Kootenay Volcanic Arc. The Kena Project is located in the Kootenay Golden Arc volcanic belt, which contains the concentration of past producers, prospects, and mineral occurrences in British Columbia outside of the famous Golden Triangle. The Kena Project hosts a historic resource estimate of 3.31 million ounces of gold, with 561,900 ounces in the indicated category and 2,773,100 ounces in the inferred category.
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Financial Metrics & Statements of Upside Gold Corp (UG.CN)
FAQ's for Upside Gold Corp (UG.CN)
- According to Musaffa’s Shariah screening methodology, Upside Gold Corp (UG.CN) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.