GoldMining Inc

GLDG

Compliant
Exchange
Sector
Headquarters
Group
NYSE MKT
Basic Materials
Canada
Micro Cap

GoldMining Inc is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

2.13%

Impure Income*

$0.000

Purification*

$0.021

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
-17.10%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
6.12%
10.79%
1.40
2.08
-35.43%

Shariah Compliance

  • Updated on September 22, 2026
Debt
0.08%
✓
Non-Compliant Assets
52.47%
✗
Impure Income
2.13%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
0.09%
✓
Impure Income
2.13%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
0.09%
✓
Impure Income
2.13%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
0.1%
✓
Cash
73.4%
✗
Cash & AR
73.4%
✗
Impure Income
2.13%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
0.1%
✓
Cash
73.4%
✗
Cash & AR
73.4%
✗
Impure Income
2.13%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
2.13%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

GoldMining Inc. is a mineral exploration company focused on acquiring and developing gold assets in the Americas. It controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. Its projects include Sao Jorge, Cachoeira, Boa Vista, Surubim, Batistao, Montes Aureos and Trinta, Whistler gold-copper, Nutmeg Mountain, Yellowknife Gold, Rea, La Mina, Titiribi, Yarumalito, and Crucero. The Titiribi project is a copper-gold exploration project located over 51 kilometers (km) from Medellin, Colombia. The La Mina project comprises two concessions covering over 3,208 hectares, located in the Department of Antioquia, Republic of Colombia. The Yellowknife Gold project is comprised of five properties: Ormsby – Bruce, Nicholas Lake, Goodwin Lake, Clan Lake, and Big Sky. Sao Jorge is a resource stage gold exploration project located four km west of the Cuiaba-Santarem Highway BR-163.

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