Is Western Copper & Gold Corp (WRN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 10.9% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 10.9% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 0.0% / 33% | 35.8% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 10.9% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 0.0% / 33% | 35.8% / 33% | 0.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -1.6% | |
| Return on Assets (ROA) | -2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$19M |
| Total Debt | $60,639 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 19.7 |
| Total Assets | $193M |
Price & Trading
| Last Close | $2.36 |
| 50-Day MA | $3.14 |
| 200-Day MA | $2.21 |
| Avg Volume | 2.1M |
|
52-Week Range
$0.90
| |
About Western Copper & Gold Corp (WRN)
Western Copper and Gold Corporation, an exploration stage company, engages in the exploration and development of mineral properties in Canada. It explores for gold, copper, silver, and molybdenum deposits. Its principal property is the Casino mineral property located in Yukon, Canada. The company was formerly known as Western Copper Corp. and changed its name to Western Copper and Gold Corporation in October 2011. Western Copper and Gold Corporation was incorporated in 2006 and is headquartered in Vancouver, Canada.
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Frequently Asked Questions
Is Western Copper & Gold Corp (WRN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Western Copper & Gold 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 Western Copper & Gold Corp's debt ratio?
Western Copper & Gold 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 Western Copper & Gold Corp's key financial metrics?
Western Copper & Gold Corp has a market capitalization of $541M, trailing P/E ratio of 240.0. Return on equity stands at -1.6%.
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.