Forge Resources Corp FRGGF
$0.30 $0.01 (2.21%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
Pricing for US stocks is delayed by 24 hours
FRGGF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Forge Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Forge Resources Corp. Stock Analysis FRGGF
United States Materials Nano Cap Forge Resources Corp. engages in the acquisition, exploration, and development of natural resources properties in Canada and Columbia. The company is headquartered in Richmond British Columbia, British Columbia. The company went IPO on 2018-07-18. The firm is engaged in the business of the exploration and development of natural resource properties in Canada and Colombia. The firm holds an 80% interest in Aion Mining Corp., a company that is developing the fully permitted La Estrella coal project in Santander, Colombia. La Estrella contains approximately eight known seams of metallurgical and thermal coal. Aion Mining controls the FLG-111 concession that covers approximately 548 hectares (Ha) in a region of historic and current coal mining. The firm also holds an option on the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 kilometers (kms) south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada. The Alotta property comprises 230 mineral claims covering a total of 4,723 hectares, situated in the Dawson Range gold belt in Yukon, Canada.
Forge Resources Corp (FRGGF) Chart
Financial Metrics & Statements of Forge Resources Corp (FRGGF)
FAQ's for Forge Resources Corp (FRGGF)
- As of August 2026, Forge Resources Corp FRGGF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Forge Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Forge Resources 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.
- Musaffa determines the Shariah status of Forge Resources Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Forge Resources Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Forge Resources Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Forge Resources Corp (FRGGF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
