Is Gold Resource Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Gold Resource Corp (GORO) is currently classified as NOT HALAL as of March 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 Gold Resource 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 Gold Resource Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Gold Resource Corp?

Muslim investors may consider investing in Gold Resource 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 Gold Resource Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Gold Resource 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 Gold Resource Corp updated?

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

Can a halal stock like Gold Resource 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 Gold Resource Corp?

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

GORO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 23, 2026

Report Source: 2025 Annual Report

Gold Resource Corp. Stock Analysis GORO

United States Materials Micro Cap Report: 2025 Annual

Gold Resource Corp. engages in the production of metal concentrates. The company is headquartered in Denver, Colorado and currently employs 12 full-time employees. The company went IPO on 2006-09-14. Base metals, critical to the United States, are also produced as a by-product. The Company’s focus is to unlock the significant upside potential of its existing infrastructure and large land position surrounding the mine in Oaxaca, Mexico and to develop the Back Forty Project in Michigan, United States. Back Forty is a 100%-owned development-stage project delineating a gold-rich volcanogenic massive sulfide (VMS) deposit located along the mineral-rich Penokean Volcanic Belt in Michigan’s Upper Peninsula. Its segments include Oaxaca, Mexico, and Michigan, U.S.A. Oaxaca, Mexico represents the Company’s only operating segment with a production stage property that produces copper, lead, and zinc concentrates that also contain gold and silver. Michigan, U.S.A. is an advanced exploration stage property with no current metal production.

Key Statistics of Gold Resource Corp (GORO)

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

Today's Range

$1.31$1.40

Today's Open

$1.33

Volume

1.25M

P/E Ratio (TTM)

52 Week Range

$0.43$1.87

Market Cap

223.40M

Avg. Volume

1.89M

Dividend Yield

Financial Metrics & Statements of Gold Resource Corp (GORO)

FAQ's for Gold Resource Corp (GORO)

According to Musaffa’s Shariah screening methodology, Gold Resource Corp (GORO) is currently classified as NOT HALAL as of March 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.