Is Hillgrove Resources Ltd halal to invest in?

As of July 2026, Hillgrove Resources Ltd HGO.AX 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.

Is Hillgrove Resources 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 Hillgrove Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Hillgrove Resources Ltd?

Muslim investors may consider investing in Hillgrove 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.

Why is Hillgrove Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Hillgrove Resources 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 Hillgrove Resources Ltd updated?

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

Can a halal stock like Hillgrove Resources 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 Hillgrove Resources Ltd?

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

Hillgrove Resources Ltd HGO.AX

Last Updated: Jul 17, 12:00 AM·ASX

HGO.AX Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Hillgrove Resources Ltd is classified as not halal.

NOT HALAL

Report Source: 2025 2nd Quarter Report

Hillgrove Resources Ltd. Stock Analysis HGO.AX

Australia Materials Micro Cap Report: Q2, 2025

Hillgrove Resources Ltd. is an Australian mining company focused on developing its Indonesian and Australian base and precious metals projects. The firm's flagship project, The Kanmantoo Underground project, is located approximately 55km from Adelaide. The Kanmantoo Copper Mine, located in the mining jurisdiction of South Australia, has quickly ramped up to an annual copper production rate of approximately 12,000 tons and is well-capitalized with a 3.6 million tons per annum processing plant. The firm holds 100 % of a series of Exploration Licenses covering over 4,187 square kilometers in south-east South Australia alongside 311 square kilometres surrounding the Kanmantoo Mine and the northern Mount Lofty Ranges in the Cambrian-Ordovician Kanmantoo Province.

Key Statistics of Hillgrove Resources Ltd (HGO.AX)

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

Today's Range

AUD0.06AUD0.06

Today's Open

AUD0.06

Volume

23.12M

P/E Ratio (TTM)

2,500.58

52 Week Range

AUD0.03AUD0.07

Market Cap

212.12M

Avg. Volume

1.78M

Dividend Yield

Financial Metrics & Statements of Hillgrove Resources Ltd (HGO.AX)

Super Investors Invested in Hillgrove Resources Ltd (HGO.AX)

FAQ's for Hillgrove Resources Ltd (HGO.AX)

As of July 2026, Hillgrove Resources Ltd HGO.AX 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 Hillgrove Resources Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Hillgrove 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 Hillgrove 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 Hillgrove 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 Hillgrove Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.