Grange Resources Ltd GRRLF
$0.11 $0.01 (5.75%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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GRRLF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Grange Resources Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Grange Resources Ltd. Stock Analysis GRRLF
United States Materials Micro Cap Grange Resources Ltd. engages in the mining, processing, exploration, evaluation, and development of mineral resources and iron ore. The Company’s principal activities consist of the mining, processing and sale of iron ore from its operations in Tasmania, and the ongoing exploration and evaluation of mineral resources. Its projects include Savage River, Port Latta, and Southdown. The Savage River magnetite iron ore mine, is over 100 kilometers (km) southwest of the city of Burnie. The Port Latta project is located over 70 km northwest of Burnie, and its 100%-owned pellet plant and port facility at Port Latta produces over 2.5 million tons (Mt) of iron ore products annually. The Southdown Magnetite Project is located over 90 km east-northeast of Albany, and 10 km south-west of Wellstead in the Great Southern region of Western Australia. The company contains over 1.2 billion tons of mineral resources, including 412 Mt of ore reserves.
Grange Resources Ltd (GRRLF) Chart
Financial Metrics & Statements of Grange Resources Ltd (GRRLF)
FAQ's for Grange Resources Ltd (GRRLF)
- As of August 2026, Grange Resources Ltd GRRLF 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 Grange Resources Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Grange Resources 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.
- Musaffa determines the Shariah status of Grange Resources Ltd 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 Grange Resources Ltd 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 Grange Resources Ltd 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 Grange Resources Ltd (GRRLF)
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