Is Wesdome Gold Mines Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Wesdome Gold Mines Ltd (WDO.TO) is currently classified as NOT HALAL as of March 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.

Is Wesdome Gold Mines Ltd 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 Wesdome Gold Mines Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Wesdome Gold Mines Ltd?

Muslim investors may consider investing in Wesdome Gold Mines Ltd 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 Wesdome Gold Mines Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Wesdome Gold Mines Ltd 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 Wesdome Gold Mines Ltd updated?

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

Can a halal stock like Wesdome Gold Mines Ltd 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 Wesdome Gold Mines Ltd?

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

WDO.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 16, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Wesdome Gold Mines Ltd (WDO.TO)

Based on 13 analysts giving stock ratings to Wesdome Gold Mines Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Wesdome Gold Mines Ltd. Stock Analysis WDO.TO

Canada Materials Mid Cap Report: 2025 Annual

Wesdome Gold Mines Ltd. is a mining exploration company, which engages in the provision of acquisition, exploration, evaluation, and development of gold properties. The firm's land position at Eagle River covers approximately 400 square kilometers (km2) contiguous strategic land package situated on a highly prospective greenstone belt. Kiena is a fully permitted integrated mining and milling operation located on an approximately 75 km2 land package in the highly prospective Val-d’Or, Quebec. The site features a 930-meter production shaft and a mill with a permitted capacity of 2,040 tons per day. Kiena consists of the Kiena mine concession, Kiena mill, related infrastructure and equipment and land position in the Township of Dubuisson, Quebec.

Key Statistics of Wesdome Gold Mines Ltd (WDO.TO)

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

Today's Range

CAD26.83CAD29.34

Today's Open

CAD29.23

Volume

894.67K

P/E Ratio (TTM)

12.75

52 Week Range

CAD15.94CAD30.98

Market Cap

3.44B

Avg. Volume

786.63K

Dividend Yield

Financial Metrics & Statements of Wesdome Gold Mines Ltd (WDO.TO)

FAQ's for Wesdome Gold Mines Ltd (WDO.TO)

According to Musaffa’s Shariah screening methodology, Wesdome Gold Mines Ltd (WDO.TO) is currently classified as NOT HALAL as of March 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.