Is Integra Resources Corp. (ITRG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.4% / 30% | 7.1% / 30% | 0.1% / 30% | 2.2% / 5% | ✓ HALAL |
| DJIM | 3.4% / 33% | 7.1% / 33% | 0.1% / 33% | 2.2% / 5% | ✓ HALAL |
| MSCI | 10.7% / 33% | 22.2% / 33% | 0.3% / 33% | 2.2% / 5% | ✓ HALAL |
| S&P | 3.4% / 33% | 7.1% / 33% | 0.1% / 33% | 2.2% / 5% | ✓ HALAL |
| FTSE | 10.7% / 33% | 22.2% / 33% | 0.3% / 50% | 2.2% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.5% | |
| Operating Margin | 29.5% | |
| Net Margin | -0.9% | |
| Return on Equity (ROE) | -1.4% | |
| Return on Assets (ROA) | 14.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$9M |
| Free Cash Flow | -$9M |
| Total Debt | $25M |
| Debt-to-Equity | 11.8 |
| Current Ratio | 3.5 |
| Total Assets | $237M |
Price & Trading
| Last Close | $2.51 |
| 50-Day MA | $3.68 |
| 200-Day MA | $2.93 |
| Avg Volume | 2.8M |
| Beta | 1.5 |
|
52-Week Range
$1.05
| |
About Integra Resources Corp. (ITRG)
Integra Resources Corp., a precious metals producer, engages in the acquisition, exploration, and development of mineral properties in the Great Basin of the Western United States. It primarily explores for gold and silver deposits. The company focuses on developing DeLamar Project located in southwestern Idaho; and the Wildcat and Mountain View Projects located in western Nevada. It also holds a portfolio of early-stage exploration projects in Idaho, Nevada, and Arizona. The company was formerly known as Mag Copper Limited and changed its name to Integra Resources Corp. in August 2017. Integra Resources Corp. was incorporated in 1997 and is headquartered in Vancouver, Canada.
Purification Calculator
As a halal stock with 2.20% impermissible income, you need to purify your dividends.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is Integra Resources Corp. (ITRG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Integra Resources 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 Integra Resources Corp.'s debt ratio?
Integra Resources Corp.'s debt ratio is 3.4% 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 10.7%.
Does Integra Resources Corp. require dividend purification?
Yes, Integra Resources Corp. has an impermissible income ratio of 2.20%, which means 2.20% 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 Integra Resources Corp.'s key financial metrics?
Integra Resources Corp. has a market capitalization of $516M, and revenue of $30M. The company maintains a gross margin of 44.5% and a net margin of -0.9%. Return on equity stands at -1.4%.
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.