Is GoldMining Inc. (GLDG) Halal?
Shariah Screening — 5 Standards
Based on financial data from November 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 3.7% / 30% | 0.1% / 30% | N/A | ✓ HALAL |
| DJIM | 0.1% / 33% | 3.7% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| MSCI | 0.3% / 33% | 9.8% / 33% | 0.3% / 33% | N/A | ✓ HALAL |
| S&P | 0.1% / 33% | 3.7% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| FTSE | 0.3% / 33% | 9.8% / 33% | 0.3% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -8.9% | |
| Return on Assets (ROA) | -9.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$23M |
| Free Cash Flow | -$23M |
| Total Debt | $299,000 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 9.5 |
| Total Assets | $238M |
Price & Trading
| Last Close | $1.10 |
| 50-Day MA | $1.54 |
| 200-Day MA | $1.24 |
| Avg Volume | 4.5M |
| Beta | 1.6 |
|
52-Week Range
$0.71
| |
About GoldMining Inc. (GLDG)
GoldMining Inc., a mineral exploration company, engages in the acquisition, exploration, and development of projects in Canada, the United States, Brazil, Colombia, and Peru. The company explores for gold, copper, silver, and uranium deposits. Its principal projects include the 100% owned La Mina gold project, which comprises two concessions covering 3,208 hectares located southwest of Medellin in the Department of Antioquia, Colombia; the 100% owned Titiribi gold-copper project, which covers an area of 3,919 hectares located southwest of Medellín in the Department of Antioquia, Colombia; the 100% owned São Jorge gold project, which comprises eight exploration permits totaling 46,485 hectares located in the Tapajós Gold District in Pará State, Brazil; and the Whistler gold-copper project, which covers an area totaling 53,700 acres located northwest of Anchorage in Alaska, the United States. The company was formerly known as Brazil Resources Inc. and changed its name to GoldMining Inc. in December 2016. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is GoldMining Inc. (GLDG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GoldMining Inc. 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 GoldMining Inc.'s debt ratio?
GoldMining Inc.'s debt ratio is 0.1% 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 0.3%.
What are GoldMining Inc.'s key financial metrics?
GoldMining Inc. has a market capitalization of $237M. Return on equity stands at -8.9%.
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.