Is Paramount Gold Nevada Corp. (PZG) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.0% / 30% | 0.7% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 6.0% / 33% | 0.7% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 22.2% / 33% | 2.6% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| S&P | 6.0% / 33% | 0.7% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 22.2% / 33% | 2.6% / 33% | 0.0% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -44.4% | |
| Return on Assets (ROA) | -9.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $12M |
| Debt-to-Equity | 65.8 |
| Current Ratio | 1.0 |
| Total Assets | $52M |
Price & Trading
| Last Close | $1.52 |
| 50-Day MA | $2.02 |
| 200-Day MA | $1.24 |
| Avg Volume | 1.8M |
| Beta | 1.3 |
|
52-Week Range
$0.34
| |
About Paramount Gold Nevada Corp. (PZG)
Paramount Gold Nevada Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal properties in the United States. The company primarily explores for gold and silver deposits. Its flagship property is the 100% owned Grassy Mountain project covering an area of approximately 8,280 acres, consisting of 3 patented lode claims for approximately 62 acres, 455 unpatented lode claims for approximately 8,173 acres, and 9 mill site claims for approximately 45 acres located in Malheur County, Oregon. The company was incorporated in 1992 and is based in Winnemucca, Nevada.
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Frequently Asked Questions
Is Paramount Gold Nevada Corp. (PZG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Paramount Gold Nevada 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 Paramount Gold Nevada Corp.'s debt ratio?
Paramount Gold Nevada Corp.'s debt ratio is 6.0% 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 22.2%.
What are Paramount Gold Nevada Corp.'s key financial metrics?
Paramount Gold Nevada Corp. has a market capitalization of $129M. Return on equity stands at -44.4%.
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.