Register an account to search through 14,000+ stocks! 

Ad

PAL – Parallel Mining Corp

Ad

✔ COMPLIANT

★★☆

Specialty Mining & Metals | Canada

Business: PASS

Parallel Mining Corp has cleared the Business screen. Its business activity is compliant with the Shariah standard. If you find this result mistaken or questionable, let us know in the comments.

Financials: PASS

The financials pass two standards and fail in one.

FTSE

Debt/A16.71%
Cash/A96.9%
(AR+C)/A96.9%

AAOIFI

Debt/MC1.51%
Cash/MC%

DJIM

Debt/24MC1.74%
Cash/24MC10.12%
AR/24MC%

Total Analysts: 0

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Market cap2377359
Assets215022
Dividends per Share
Revenue Growth

Parallel Mining Corp. is a Canada-based company that is focused on the development of advanced gold exploration projects in East Africa. Its projects include the Lightning project, Star project, and North Terer and Ziban Gedena property. The Lightning project is situated within the North-Western zones of Tigray Province in Northern Ethiopia, approximately 280 kilometers (km) due North West of Mekelle which is situated 780 km north of Addis Ababa. The Star project is comprised of two contiguous Exploration Blocks (Adi Dairo & West Shire) and one individual Exploration Block (Terakimti) that cover an area of approximately 399.73 square kilometers located in the Tigray Region of the Federal Democratic Republic of Ethiopia. The North Terer and Ziban Gedena property licenses are located in Tigray Province in Northern Ethiopia. The property is located approximately 350 km northwest of the administrative center of Mek’ele, which is approximately 780 km from the country’s capital, Addis Ababa.

✘ FTSE✔ AAOIFI✔ DJIM

✔ COMPLIANT

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan.

Ad

Responses