Is enCore Energy Corp. (EU) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.7% / 30% | 17.7% / 30% | 0.0% / 30% | 4.24% / 5% | ✓ HALAL |
| DJIM | 5.7% / 33% | 17.7% / 33% | 0.0% / 33% | 4.24% / 5% | ✓ HALAL |
| MSCI | 5.2% / 33% | 16.2% / 33% | 0.0% / 33% | 4.24% / 5% | ✓ HALAL |
| S&P | 5.7% / 33% | 17.7% / 33% | 0.0% / 33% | 4.24% / 5% | ✓ HALAL |
| FTSE | 5.2% / 33% | 16.2% / 33% | 0.0% / 50% | 4.24% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | -52.7% | |
| Operating Margin | -158.2% | |
| Net Margin | -116.8% | |
| Return on Equity (ROE) | -17.9% | |
| Return on Assets (ROA) | -9.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$45M |
| Free Cash Flow | -$57M |
| Total Debt | $20M |
| Debt-to-Equity | 39.5 |
| Current Ratio | 13.6 |
| Total Assets | $393M |
Price & Trading
| Last Close | $1.76 |
| 50-Day MA | $2.53 |
| 200-Day MA | $2.70 |
| Avg Volume | 3.3M |
| Beta | 1.1 |
|
52-Week Range
$1.01
| |
About enCore Energy Corp. (EU)
enCore Energy Corp. engages in the acquisition, exploration, development, and extraction of uranium resource properties in the United States. It holds interest in the Alta Mesa project located in Brooks County, Texas; the Gas Hills project located in the Riverton, Wyoming; the Juniper Ridge project located in the southwest portion of Wyoming; the Dewey Burdock project located in the Edgemont, South Dakota; the Crownpoint and Hosta Butte located in McKinley County, New Mexico; and the Mesteña Grande Uranium project located in Brooks and Jim Hogg Counties, Texas. The company also holds interests in the South Texas Integrated ISR project located in Duval County; and the Alta Mesa Uranium project located in the Brooks County, Texas, as well as other non-material properties covers approximately 360,000 acres of mineral claims, mineral leases, and fee minerals. enCore Energy Corp. is headquartered in Dallas, Texas.
Purification Calculator
As a halal stock with 4.24% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is enCore Energy Corp. (EU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), enCore Energy 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 enCore Energy Corp.'s debt ratio?
enCore Energy Corp.'s debt ratio is 5.7% 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 5.2%.
Does enCore Energy Corp. require dividend purification?
Yes, enCore Energy Corp. has an impermissible income ratio of 4.24%, which means 4.24% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are enCore Energy Corp.'s key financial metrics?
enCore Energy Corp. has a market capitalization of $335M, and revenue of $58M. The company maintains a gross margin of -52.7% and a net margin of -116.8%. Return on equity stands at -17.9%.
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.