Is Alerio Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Alerio Gold Corp (ALE.CN) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Alerio Gold Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Alerio Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Alerio Gold Corp?

Muslim investors may consider investing in Alerio Gold Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Alerio Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Alerio Gold Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Alerio Gold Corp updated?

The Shariah compliance status of Alerio Gold Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Alerio Gold Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Alerio Gold Corp?

You can check the latest Shariah compliance status of Alerio Gold Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ALE.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 27, 2025

Report Source: 2025 2nd Quarter Report

Alerio Gold Corp. Stock Analysis ALE.CN

Canada N/A Nano Cap Report: Q2, 2025

Alerio Gold Corp. Is a mining company, which engages in the acquisition, exploration, and evaluation of resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-06-12. The firm has a 100% interest in two properties located in Guyana, South America. The Tassawini Gold Project totals 3,413 acres (or 1,381 hectares) in size and is located approximately 175 kilometers (km) to the northwest of the capital city of Georgetown, in Guyana, South America. The Tassawini Gold Project is the Company’s principal asset.

Key Statistics of Alerio Gold Corp (ALE.CN)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.13CAD0.14

Today's Open

CAD0.13

Volume

246.00K

P/E Ratio (TTM)

52 Week Range

CAD0.01CAD0.13

Market Cap

5.87M

Avg. Volume

499.97K

Dividend Yield

Financial Metrics & Statements of Alerio Gold Corp (ALE.CN)

FAQ's for Alerio Gold Corp (ALE.CN)

According to Musaffa’s Shariah screening methodology, Alerio Gold Corp (ALE.CN) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.