Is SEABRIDGE GOLD INC (SA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.8% / 30% | 1.5% / 30% | 0.1% / 30% | N/A | ✓ HALAL |
| DJIM | 15.8% / 33% | 1.5% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| MSCI | 38.8% / 33% | 3.8% / 33% | 0.2% / 33% | N/A | ✗ NOT HALAL |
| S&P | 15.8% / 33% | 1.5% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| FTSE | 38.8% / 33% | 3.8% / 33% | 0.2% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -5.4% | |
| Return on Assets (ROA) | -0.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$14M |
| Free Cash Flow | -$120M |
| Total Debt | $564M |
| Debt-to-Equity | 53.3 |
| Current Ratio | 5.2 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $25.15 |
| 50-Day MA | $32.26 |
| 200-Day MA | $24.36 |
| Avg Volume | 1.2M |
| Beta | 1.7 |
|
52-Week Range
$9.40
| |
About SEABRIDGE GOLD INC (SA)
Seabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. It explores for gold, copper, silver, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was incorporated in 1979 and is based in Toronto, Canada.
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Frequently Asked Questions
Is SEABRIDGE GOLD INC (SA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SEABRIDGE GOLD 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 SEABRIDGE GOLD INC's debt ratio?
SEABRIDGE GOLD INC's debt ratio is 15.8% 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 38.8%.
What are SEABRIDGE GOLD INC's key financial metrics?
SEABRIDGE GOLD INC has a market capitalization of $2.8B. Return on equity stands at -5.4%.
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.