Is Canagold Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Canagold Resources Ltd (CCM.TO) is currently classified as NOT HALAL as of April 2026. 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 Canagold Resources Ltd 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 Canagold Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Canagold Resources Ltd?

Muslim investors may consider investing in Canagold Resources Ltd 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 Canagold Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Canagold Resources Ltd 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 Canagold Resources Ltd updated?

The Shariah compliance status of Canagold Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Canagold Resources Ltd 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 Canagold Resources Ltd?

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

CCM.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 11, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Canagold Resources Ltd (CCM.TO)

Based on 5 analysts giving stock ratings to Canagold Resources Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Canagold Resources Ltd. Stock Analysis CCM.TO

Canada Materials Micro Cap Report: 2025 Annual

Canagold Resources Ltd. is a mineral exploration company, which engages in the acquisition, exploration and development of precious metal properties. The company is headquartered in Vancouver, British Columbia. The company owns a 100% interest in the New Polaris property, located in the Atlin Mining Division, BC, which consists of 61 contiguous Crown-granted mineral claims and one modified grid claim covering 850 hectares. The Windfall Hills gold project is located 65 km south of Burns Lake, which consists of the Atna properties, comprised of two mineral claims totaling 959 hectares, and the Dunn properties, comprised of eight mineral claims totaling 2820 hectares. The Corral Canyon property lies 35 km west of the town of McDermitt in Humboldt County along the western flank of the McDermitt caldera complex that hosts lithium and uranium in addition to gold.

Key Statistics of Canagold Resources Ltd (CCM.TO)

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

Today's Range

CAD0.50CAD0.57

Today's Open

CAD0.58

Volume

23.57K

P/E Ratio (TTM)

52 Week Range

CAD0.31CAD0.79

Market Cap

112.50M

Avg. Volume

70.07K

Dividend Yield

Financial Metrics & Statements of Canagold Resources Ltd (CCM.TO)

FAQ's for Canagold Resources Ltd (CCM.TO)

According to Musaffa’s Shariah screening methodology, Canagold Resources Ltd (CCM.TO) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.