Is Q-Gold Resources Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Q-Gold Resources Ltd (QGR.V) is currently classified as NOT HALAL as of July 2025. 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 Q-Gold 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 Q-Gold Resources Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Q-Gold Resources Ltd?

Muslim investors may consider investing in Q-Gold 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 Q-Gold Resources Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Q-Gold 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 Q-Gold Resources Ltd updated?

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

Can a halal stock like Q-Gold 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 Q-Gold Resources Ltd?

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

QGR.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 15, 2025

Report Source: 2025 1st Quarter Report

Q-Gold Resources Ltd. Stock Analysis QGR.V

Canada Materials Nano Cap Report: Q1, 2025

Q-Gold Resources Ltd. engages in the exploration and development of mineral properties. The company is exploring for gold at the past-producing Foley Gold Mine in Mine Centre, Ontario and intends to advance exploration activities in the United States at the Quartz Mountain Project. The Q-Gold Mine Centre Project hosts two historic gold mines, the Foley and Golden Star, as well as a silver/gold discovery on the McKenzie Gray property. The company holds 9,965 acres of contiguous mining claims, Crown leases and leasehold patents located within the historic Mine Centre. The mining claims of Ontario mineral properties are in the Kenora Mining Division. The Foley Gold Mine complex is located near the town of Mine Centre, Ontario. Its advanced-stage Quartz Mountain gold exploration project is located in south-central Oregon. The Quartz Mountain Project comprises two contiguous properties: the Angel’s Camp property and the Quartz Mountain property.

Key Statistics of Q-Gold Resources Ltd (QGR.V)

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

Today's Range

CAD0.25CAD0.26

Today's Open

CAD0.25

Volume

195.50K

P/E Ratio (TTM)

52 Week Range

CAD0.09CAD0.39

Market Cap

43.62M

Avg. Volume

511.68K

Dividend Yield

Financial Metrics & Statements of Q-Gold Resources Ltd (QGR.V)

FAQ's for Q-Gold Resources Ltd (QGR.V)

According to Musaffa’s Shariah screening methodology, Q-Gold Resources Ltd (QGR.V) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.