Is Sonoro Gold Corp halal to invest in?

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

Can Muslims buy shares of Sonoro Gold Corp?

Muslim investors may consider investing in Sonoro 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 Sonoro Gold Corp classified as NOT HALAL?

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

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

Can a halal stock like Sonoro 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 Sonoro Gold Corp?

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

SGO.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 27, 2025

Report Source: 2025 1st Quarter Report

Analyst's Ratings for Sonoro Gold Corp (SGO.V)

Based on 9 analysts giving stock ratings to Sonoro Gold Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Sonoro Gold Corp. Stock Analysis SGO.V

Canada Materials Micro Cap Report: Q1, 2025

Sonoro Gold Corp. is an exploration company, which engages in the acquisition and development of mineral properties. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico. The Cerro Caliche Project consists of approximately 26 contiguous mining concessions, covering a total area of approximately 3,975.97 hectares. The Cerro Caliche Project is situated close to several gold-silver mining operations, including Bear Creek Mining’s Mercedes mine and Agnico Eagle’s advanced Santa Gertrudis project. The San Marcial Project is located in Santa Ana Municipality of Sonora State in northwestern Mexico and is comprised of four contiguous mining concessions held by the Company’s wholly owned Mexican subsidiary Minera Breco, S.A. de C.V. The San Marcial Project covers approximately 1,015.80 hectares and is situated at southern end of the prolific Sonora-Mojave Megashear.

Key Statistics of Sonoro Gold Corp (SGO.V)

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

Today's Range

CAD0.27CAD0.28

Today's Open

CAD0.27

Volume

371.24K

P/E Ratio (TTM)

52 Week Range

CAD0.11CAD0.34

Market Cap

70.32M

Avg. Volume

222.86K

Dividend Yield

Financial Metrics & Statements of Sonoro Gold Corp (SGO.V)

FAQ's for Sonoro Gold Corp (SGO.V)

According to Musaffa’s Shariah screening methodology, Sonoro Gold Corp (SGO.V) is currently classified as NOT HALAL as of June 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.