Is Skeena Resources Ltd (SKE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.3% / 30% | 2.4% / 30% | 0.1% / 30% | N/A | ✓ HALAL |
| DJIM | 0.3% / 33% | 2.4% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| MSCI | 4.9% / 33% | 35.7% / 33% | 0.9% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.3% / 33% | 2.4% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| FTSE | 4.9% / 33% | 35.7% / 33% | 0.9% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -146.4% | |
| Return on Assets (ROA) | -6.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$128M |
| Free Cash Flow | -$131M |
| Total Debt | $14M |
| Debt-to-Equity | 39.6 |
| Current Ratio | 1.8 |
| Total Assets | $274M |
Price & Trading
| Last Close | $26.46 |
| 50-Day MA | $31.76 |
| 200-Day MA | $21.60 |
| Avg Volume | 1.0M |
| Beta | 2.1 |
|
52-Week Range
$8.53
| |
About Skeena Resources Ltd (SKE)
Skeena Resources Limited engages in the exploration and development of mineral properties in Canada. It explores for gold, silver, and copper deposits. Its flagship property is the Eskay Creek project, which consists of 51 mineral claims and eight mineral leases covering an area of approximately 7,666.02 hectares located in the Golden Triangle region of British Columbia. The company was formerly known as Prolific Resources Ltd. and changed its name to Skeena Resources Limited in June 1990. Skeena Resources Limited was incorporated in 1979 and is based in Vancouver, Canada.
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Frequently Asked Questions
Is Skeena Resources Ltd (SKE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Skeena Resources Ltd 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 Skeena Resources Ltd's debt ratio?
Skeena Resources Ltd's debt ratio is 0.3% 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 4.9%.
What are Skeena Resources Ltd's key financial metrics?
Skeena Resources Ltd has a market capitalization of $3.4B. Return on equity stands at -146.4%.
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.