Classic Minerals Ltd

CLZ.AU

$0.01

Closing

0.00

1D

▼-84.00%

YTD

Market cap

$1.59M

52 week high

$0.03

52 week low

$0.00

Volume

754,033

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Market cap

$1.59M

Analysts' Rating

-

Price Target (Mean)

-

Total Analysts

0

P/E

Operating Margin

-19560.31%

Beta

0.62

Revenue Growth (Annual)

-79.21%

52 week high

$0.03

52 week low

$0.00

Div. Yield

%

EPS Annual Growth

0.00

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

Classic Minerals Limited is an Australia-based company, that is engaged in exploration of mineral resource projects, focusing on gold and nickel. The Company holds approximately 578 square kilometers of tenements across two regional exploration areas in minerals-rich West Australia. It is focused on gold deposits in Western Australia’s Goldfields region at Forrestania and Kat Gap. Its flagship Kat Gap Gold Project is located approximately 170 kilometers (km) south of Southern Cross and also 50 km south of the Company’s Forrestania Gold Project. The Forrestania Gold Project is located approximately 120 km south of Southern Cross, Western Australia and contains the Lady Ada and Lady Magdalene deposits. Its Fraser Range Project (E28/1904) is approximately 40 km to the northeast of Sirius Nova deposit on the Fraser-Albany Mobile Belt, approximately 160 km east southeast of Kambalda and is of interpreted Proterozoic age. It holds approximately 28 km of strike across 84 square kilometers.