Is Leocor Mining Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Leocor Mining Inc (LECR.CN) is currently classified as NOT HALAL as of April 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 Leocor Mining Inc 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 Leocor Mining Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Leocor Mining Inc?

Muslim investors may consider investing in Leocor Mining Inc 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 Leocor Mining Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Leocor Mining Inc 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 Leocor Mining Inc updated?

The Shariah compliance status of Leocor Mining Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Leocor Mining Inc 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 Leocor Mining Inc?

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

LECR.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 09, 2026

Report Source: 2026 1st Quarter Report

Leocor Mining Inc. Stock Analysis LECR.CN

Canada N/A Nano Cap Report: Q1, 2026

Leocor Mining, Inc. engages in the acquisition and exploration of precious metal projects. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2019-06-21. The firm is focused on the development of gold-copper projects in the province of Newfoundland, Canada. Its Bae Verte portfolio includes the Dorset, Dorset Extension, Copper Creek and Five Mile Brook projects, creating a contiguous approximately 2,000 hectares (ha) exploration corridor. The company also controls three district scale land packages in North Central Newfoundland: Robert's Arm, Hodge's Hill, and Leamington, (collectively Western Exploits) representing over 144,000 ha of prospective exploration. The Robert's Arm Project is located in the north-west corner of the Western Exploit District at 42,650 ha in size. The Hodge's Hill Project consists of 39,050 ha located in the south-west corner of the Western Exploit District. The Leamington Project is located in the north-east corner of the Western Exploit District covering an area of approximately 62,300 ha.

Key Statistics of Leocor Mining Inc (LECR.CN)

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

Today's Range

CAD0.10CAD0.11

Today's Open

CAD0.11

Volume

408.50K

P/E Ratio (TTM)

52 Week Range

CAD0.04CAD0.12

Market Cap

11.23M

Avg. Volume

172.91K

Dividend Yield

Financial Metrics & Statements of Leocor Mining Inc (LECR.CN)

FAQ's for Leocor Mining Inc (LECR.CN)

According to Musaffa’s Shariah screening methodology, Leocor Mining Inc (LECR.CN) is currently classified as NOT HALAL as of April 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.