Is Group 6 Metals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Group 6 Metals Ltd (G6M.AX) 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 Group 6 Metals 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 Group 6 Metals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Group 6 Metals Ltd?

Muslim investors may consider investing in Group 6 Metals 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 Group 6 Metals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Group 6 Metals 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 Group 6 Metals Ltd updated?

The Shariah compliance status of Group 6 Metals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Group 6 Metals 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 Group 6 Metals Ltd?

You can check the latest Shariah compliance status of Group 6 Metals Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

G6M.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 27, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Group 6 Metals Ltd (G6M.AX)

Based on 5 analysts giving stock ratings to Group 6 Metals Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Group 6 Metals Ltd. Stock Analysis G6M.AX

Australia Materials Small Cap Report: Q2, 2026

Group 6 Metals Ltd. is an exploration company, which engages in the exploration, development and production of tungsten from its deposits on King Island, Tasmania. The firm is focused on producing high-grade tungsten concentrate from its 100%-owned Dolphin Mine located on King Island, Tasmania. The Dolphin Tungsten Mine is located near the town of Grassy on the south-east coast of King Island, the most western large island in the Bass Strait between Victoria and Tasmania. The hosts the highest-grade tungsten deposit of size in the western world. Scheelite (tungsten) within the Dolphin mining area occurs within carbonate-rich Mine Series rocks in close proximity to the Grassy Granite and against controlling faults. The firm holds the exploration license EL19/2001 at Grassy, King Island (63 square kilometers) and mining lease CML 2080P/M at Grassy, King Island.

Key Statistics of Group 6 Metals Ltd (G6M.AX)

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

Today's Range

AUD0.03AUD0.03

Today's Open

AUD0.03

Volume

173.29K

P/E Ratio (TTM)

52 Week Range

AUD0.07AUD0.19

Market Cap

618.84M

Avg. Volume

Dividend Yield

Financial Metrics & Statements of Group 6 Metals Ltd (G6M.AX)

FAQ's for Group 6 Metals Ltd (G6M.AX)

According to Musaffa’s Shariah screening methodology, Group 6 Metals Ltd (G6M.AX) 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.