Group Eleven Resources Corp GRLVF
$0.62 $0.02 (2.66%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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GRLVF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Group Eleven Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Group Eleven Resources Corp. Stock Analysis GRLVF
United States Materials Micro Cap Group Eleven Resources Corp. engages in the exploration and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2017-12-15. The company holds about 18 Prospecting Licenses (PLs) in Ireland, comprising approximately 549 square kilometers on three main properties which are highly prospective for Irish Type zinc-lead deposits. Ballywire is located 20 kilometers (km) from the Company’s 77.64%-owned Stonepark zinc-lead deposit, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit. The PG West Project (including the Tullacondra Project to the south) is located in southwest Ireland and is 100% owned by the Company. The Stonepark project comprises five PLs covering an area of 148 square kilometers. Stonepark hosts three main zones of mineralization: Stonepark North, Stonepark and Stonepark West. Its Ballinalack project (Ballinalack) consists of one PL covering 46 square kilometers and is located approximately 50 km west of the Tara Zinc-Lead Mine (Boliden AB), near Navan.
Group Eleven Resources Corp (GRLVF) Chart
Financial Metrics & Statements of Group Eleven Resources Corp (GRLVF)
FAQ's for Group Eleven Resources Corp (GRLVF)
- As of August 2026, Group Eleven Resources Corp GRLVF 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 Group Eleven Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Group Eleven 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 Group Eleven 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 Group Eleven 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 Group Eleven Resources Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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