Is Scorpio Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Scorpio Gold Corp (SGN.V) is currently classified as NOT HALAL as of February 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 Scorpio Gold Corp 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 Scorpio Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Scorpio Gold Corp?

Muslim investors may consider investing in Scorpio Gold 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.

Why is Scorpio Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Scorpio Gold Corp 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 Scorpio Gold Corp updated?

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

Can a halal stock like Scorpio Gold Corp 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 Scorpio Gold Corp?

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

SGN.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 03, 2026

Report Source: 2025 3rd Quarter Report

Scorpio Gold Corp. Stock Analysis SGN.V

Canada Materials Micro Cap Report: Q3, 2025

Scorpio Gold Corp. engages in the exploitation, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-03-29. The Company’s Manhattan District is approximately 4,780-hectares and comprises the advanced exploration-stage Goldwedge Mine, with a 400-ton-per-day maximum capacity gravity mill, and four past-producing pits. Situated on the southern periphery of the Manhattan Caldera, approximately 16 kilometers (km) south of the over 15-million-ounce Round Mountain Mine is a 100% owned Manhattan property. This 6,071-acre property encompasses the Goldwedge Mine. The Goldwedge Mine is a fully permitted underground mine with over 600 meters of excavation.

Key Statistics of Scorpio Gold Corp (SGN.V)

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

Today's Range

CAD0.39CAD0.42

Today's Open

CAD0.42

Volume

97.45K

P/E Ratio (TTM)

52 Week Range

CAD0.13CAD0.64

Market Cap

105.80M

Avg. Volume

475.08K

Dividend Yield

Financial Metrics & Statements of Scorpio Gold Corp (SGN.V)

FAQ's for Scorpio Gold Corp (SGN.V)

According to Musaffa’s Shariah screening methodology, Scorpio Gold Corp (SGN.V) is currently classified as NOT HALAL as of February 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.