Is Elemental Royalty Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Elemental Royalty Corp (ELE.V) is currently classified as DOUBTFUL as of December 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 Elemental Royalty 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 Elemental Royalty Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Elemental Royalty Corp?

Muslim investors may consider investing in Elemental Royalty 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 Elemental Royalty Corp classified as DOUBTFUL?

Musaffa determines the Shariah status of Elemental Royalty 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 Elemental Royalty Corp updated?

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

Can a halal stock like Elemental Royalty 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 Elemental Royalty Corp?

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

ELE.V Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: December 17, 2025

Report Source: 2025 3rd Quarter Report

Analyst's Ratings for Elemental Royalty Corp (ELE.V)

Based on 12 analysts giving stock ratings to Elemental Royalty Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Elemental Royalty Corp. Stock Analysis ELE.V

Canada Materials Small Cap Report: Q3, 2025

Elemental Royalty Corp. engages in the acquisition of precious metal royalties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-02-29. Its royalties include Karlawinda Gold Project, Ballarat Gold Mine, Wahgnion Gold Mine - Burkina Faso; Bonikro Gold Mine - Cote d’Ivoire; Mercedes Gold-Silver Mine - Mexico; Amancaya Gold-Silver Mine - Chile; Mount Pleasant Copper Project - Canada, and Casual royalty interests in Mauritania and Bolivia. Karlawinda Gold Project is a large-scale open pit mine located in the Pilbara region of Western Australia. The mine is 70 kilometers (km) by road south-east of the town of Newman. Ballarat is an underground gold mine located 115 km northwest of Melbourne in Ballarat, Victoria, Australia. Wahgnion mine is located 510 km southwest of the capital city Ouagadougou, within the Paleoproterozoic Birimian Senoufo Belt.

Key Statistics of Elemental Royalty Corp (ELE.V)

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

Today's Range

CAD23.05CAD25.05

Today's Open

CAD25.05

Volume

86.22K

P/E Ratio (TTM)

942.72

52 Week Range

CAD11.80CAD34.29

Market Cap

1.56B

Avg. Volume

44.99K

Dividend Yield

Financial Metrics & Statements of Elemental Royalty Corp (ELE.V)

FAQ's for Elemental Royalty Corp (ELE.V)

According to Musaffa’s Shariah screening methodology, Elemental Royalty Corp (ELE.V) is currently classified as DOUBTFUL as of December 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.