Pucara Gold Ltd

TORO.CA

Compliant
Exchange
Sector
Headquarters
Group
Toronto Venture Exchange
Basic Materials
Canada
Micro cap

Pucara Gold Ltd is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

0.26%

Impure Income*

-

Purification*

$0.014

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
$0
$0
$0
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0%
0%
0%
5.2
5.2
0%

Shariah Compliance

  • Updated on September 12, 2024
Debt
✓
Non-Compliant Assets
0.49%
✓
Impure Income
0.26%
✓

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
✓
Impure Income
0.26%
✓

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
✓
Impure Income
0.26%
✓

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
✓
Cash
63.51%
✗
Cash & AR
65.8%
✗
Impure Income
0.26%
✓

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
✓
Cash
63.51%
✗
Cash & AR
65.8%
✗
Impure Income
0.26%
✓

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
0.26%

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

Pucara Gold Ltd. is a Canada-based exploration stage company. The Company is engaged in the acquisition, exploration and evaluation of mineral properties in Latin America, with exploration and evaluation properties in Peru. Its projects include Pacaska, Los Tambos, Paco Orco and Capricho. The Pacaska project is a gold-copper concession package that represents the potential for a multi-million-ounce deposit. This epithermal high-sulfidation gold/porphyry copper target sits on an approximately 7,650-hectare (ha) concession package. The Pacaska project consists of approximately 12 concessions. The Los Tambos project is optioned to IAMGOLD Peru S.A. The Paco Orco and Capricho projects are optioned to Lowell Copper S.A.C. The Los Tambos project’s concession package covers approximately 15,793 ha. The Paco Orco project is a carbonate replacement (CRD) type target with distal mineralization. The Capricho project has an approximately 3,768 ha concession package with a porphyry copper target.

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