Is Austin Gold Corp. (AUST) Halal?

NYSE Basic Materials Canada $19M
✓ HALAL
Confidence: 83/100
Austin Gold Corp. (AUST) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, Austin Gold Corp. comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Gold), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
25.3%
/ 30%
0.1%
/ 30%
N/A ✓ HALAL
DJIM 0.0%
/ 33%
25.3%
/ 33%
0.1%
/ 33%
N/A ✓ HALAL
MSCI 0.0%
/ 33%
55.7%
/ 33%
0.2%
/ 33%
N/A ✗ NOT HALAL
S&P 0.0%
/ 33%
25.3%
/ 33%
0.1%
/ 33%
N/A ✓ HALAL
FTSE 0.0%
/ 33%
55.7%
/ 33%
0.2%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.12
P/B Ratio
2.3
EV/EBITDA
-11.3
EV: $16M
Revenue
$0
Beta
0.9
Average volatility
Current Ratio
25.0

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -18.4%
Return on Assets (ROA) -9.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$1M
Free Cash Flow-$3M
Current Ratio25.0
Total Assets$8M

Price & Trading

Last Close$1.33
50-Day MA$1.80
200-Day MA$1.70
Avg Volume1.6M
Beta0.9
52-Week Range
$1.05
$3.92

About Austin Gold Corp. (AUST)

CEO
Mr. Dennis Lyle Higgs B. Com., B.Com.
Sector
Basic Materials
Industry
Gold
Country
Canada
Exchange
NYSE
Market Cap
$19M
Currency
USD

Austin Gold Corp., a gold exploration company, focuses on the acquisition, exploration, and evaluation of mineral resource properties in Nevada. It holds 70% interest in the Kelly Creek Project, which covers an area of 21.4 square kilometers located in the Kelly Creek Basin, Humboldt County, Nevada; and 100% interest in the Stockade Mountain Project comprising 261 unpatented lode mining claims, which covers an area of 2748 hectares located in Malheur County, Oregon. It also holds interest in the Lone Mountain Project consisting of 802 unpatented lode mining and patented mining claims, which covers an area of 57.6 square kilometers located in Elko County, Nevada. The company was incorporated in 2020 and is based in Vancouver, Canada.

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Frequently Asked Questions

Is Austin Gold Corp. (AUST) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Austin Gold Corp. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Austin Gold Corp.'s debt ratio?

Austin Gold Corp.'s debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.

What are Austin Gold Corp.'s key financial metrics?

Austin Gold Corp. has a market capitalization of $19M. Return on equity stands at -18.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.