Is TASEKO MINES LTD (TGB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 30.4% / 30% | 6.6% / 30% | 0.2% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 30.4% / 33% | 6.6% / 33% | 0.2% / 33% | N/A | ✓ HALAL |
| MSCI | 36.3% / 33% | 7.9% / 33% | 0.3% / 33% | N/A | ✗ NOT HALAL |
| S&P | 30.4% / 33% | 6.6% / 33% | 0.2% / 33% | N/A | ✓ HALAL |
| FTSE | 36.3% / 33% | 7.9% / 33% | 0.3% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.3% | |
| Operating Margin | 11.0% | |
| Net Margin | -4.5% | |
| Return on Equity (ROE) | -4.7% | |
| Return on Assets (ROA) | -0.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $233M |
| Free Cash Flow | $149M |
| Total Debt | $797M |
| Debt-to-Equity | 95.9 |
| Current Ratio | 1.5 |
| Total Assets | $2.2B |
Price & Trading
| Last Close | $5.81 |
| 50-Day MA | $7.50 |
| 200-Day MA | $4.94 |
| Avg Volume | 7.5M |
| Beta | 1.9 |
|
52-Week Range
$1.67
| |
About TASEKO MINES LTD (TGB)
Taseko Mines Limited, a mining company, acquires and develops mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal assets consist of 100% owned the Gibraltar mine located in south-central British Columbia; and the Florence Copper project in Arizona. It also owns interests in the Yellowhead copper, the New Prosperity gold-copper, and the Aley niobium projects located in British Columbia. Taseko Mines Limited was incorporated in 1966 and is headquartered in Vancouver, Canada.
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Frequently Asked Questions
Is TASEKO MINES LTD (TGB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TASEKO MINES LTD is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is TASEKO MINES LTD's debt ratio?
TASEKO MINES LTD's debt ratio is 30.4% 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 36.3%.
What are TASEKO MINES LTD's key financial metrics?
TASEKO MINES LTD has a market capitalization of $2.2B. The company maintains a gross margin of 37.3% and a net margin of -4.5%. Return on equity stands at -4.7%.
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.