Is Goldex Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Goldex Resources Corp (GDX.V) is currently classified as NOT HALAL as of July 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 Goldex Resources 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 Goldex Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Goldex Resources Corp?

Muslim investors may consider investing in Goldex 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.

Why is Goldex Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Goldex Resources 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 Goldex Resources Corp updated?

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

Can a halal stock like Goldex Resources 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 Goldex Resources Corp?

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

GDX.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 16, 2025

Report Source: 2024 3rd Quarter Report

Goldex Resources Corp. Stock Analysis GDX.V

Canada Materials Nano Cap Report: Q3, 2024

Goldex Resources Corp. engages in the acquisition, exploration, and development of mineral interests. The company is headquartered in Vancouver, British Columbia. The firm is engaged in the acquisition and exploration of gold exploration and evaluation assets. The firm owns 100% of the mineral title and rights to explore and extract minerals from a mineral property known as the El Pato Property in Guatemala. The El Pato project is located in south-eastern Guatemala, five kilometers (kms) west of the town of Chiquimula, the closest commercial center to the project and approximately 110 km east of Guatemala City. The project consists of two mineral exploration licenses which cover an area of approximately 126 square kilometers. The Las Minas Property is located contiguous to the El Pato property in the eastern Department of Chiquimula, within the southeastern part of the Republic of Guatemala, Central America. Its subsidiaries include Compania Minera El Condor S.A. (Minera), Union de Oriente, Sociedad Anonima and El Pato Gt, S.A.

Key Statistics of Goldex Resources Corp (GDX.V)

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

Today's Range

CAD0.06CAD0.06

Today's Open

CAD0.06

Volume

8559.00

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.06

Market Cap

1.82M

Avg. Volume

70.95K

Dividend Yield

Financial Metrics & Statements of Goldex Resources Corp (GDX.V)

FAQ's for Goldex Resources Corp (GDX.V)

According to Musaffa’s Shariah screening methodology, Goldex Resources Corp (GDX.V) is currently classified as NOT HALAL as of July 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.