Is PERPETUA RESOURCES CORP. (PPTA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 1.1% / 30% | 0.1% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 1.1% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| MSCI | 0.0% / 33% | 37.5% / 33% | 2.2% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 1.1% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| FTSE | 0.0% / 33% | 37.5% / 33% | 2.2% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -14.5% | |
| Return on Assets (ROA) | -14.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$12M |
| Free Cash Flow | -$15M |
| Total Debt | $28,288 |
| Debt-to-Equity | 0.0 |
| Current Ratio | 42.2 |
| Total Assets | $118M |
Price & Trading
| Last Close | $25.25 |
| 50-Day MA | $30.58 |
| 200-Day MA | $23.09 |
| Avg Volume | 1.9M |
| Beta | 0.5 |
|
52-Week Range
$8.84
| |
About PERPETUA RESOURCES CORP. (PPTA)
Perpetua Resources Corp., a development-stage company, engages in the acquisition of mining properties in the United States. The company explores for gold, silver, and antimony deposits. Its principal mineral project is the 100% owned Stibnite Gold project, which includes 1,674 unpatented lode claims, mill sites, and patented land holdings covering an area of approximately 11,548 hectares located in Valley County, Idaho. The company was formerly known as Midas Gold Corp. and changed its name to Perpetua Resources Corp. in February 2021. Perpetua Resources Corp. was founded in 2009 and is headquartered in Boise, Idaho.
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Frequently Asked Questions
Is PERPETUA RESOURCES CORP. (PPTA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), PERPETUA 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 PERPETUA RESOURCES CORP.'s debt ratio?
PERPETUA RESOURCES 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 PERPETUA RESOURCES CORP.'s key financial metrics?
PERPETUA RESOURCES CORP. has a market capitalization of $3.3B. Return on equity stands at -14.5%.
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.