Is FURY GOLD MINES LTD (FURY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 6.9% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 6.9% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 0.1% / 33% | 11.0% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| S&P | 0.0% / 33% | 6.9% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 0.1% / 33% | 11.0% / 33% | 0.1% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -85.9% | |
| Return on Assets (ROA) | -53.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$8M |
| Free Cash Flow | -$11M |
| Total Debt | $65,000 |
| Current Ratio | 8.9 |
| Total Assets | $85M |
Price & Trading
| Last Close | $0.57 |
| 50-Day MA | $0.71 |
| 200-Day MA | $0.61 |
| Avg Volume | 909K |
| Beta | 1.5 |
|
52-Week Range
$0.35
| |
About FURY GOLD MINES LTD (FURY)
Fury Gold Mines Limited, together with its subsidiaries, engages in acquisition and exploration of resource projects in Canada. Its principal projects include the 100% owned Éléonore South project that includes 282 claims covering an area of approximately 14,760 hectares located in the James Bay region of Quebec; the Committee Bay project consists of 156 claims and 57 crown leases with an area of approximately 254,623.05 hectares located in Nunavut; and the Eau Claire project comprise 446 claims totaling approximately 23,284 hectares located in Quebec. The company was formerly known as Auryn Resources Inc. and changed its name to Fury Gold Mines Limited in October 2020. Fury Gold Mines Limited was incorporated in 2008 and is headquartered in Toronto, Canada.
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Frequently Asked Questions
Is FURY GOLD MINES LTD (FURY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FURY GOLD MINES LTD 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 FURY GOLD MINES LTD's debt ratio?
FURY GOLD MINES LTD'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 0.1%.
What are FURY GOLD MINES LTD's key financial metrics?
FURY GOLD MINES LTD has a market capitalization of $111M. Return on equity stands at -85.9%.
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.