Sonoro Gold Corp SGO.V
CAD0.18 CAD0.01 (2.86%) 1D
Last Updated: Oct 05, 12:00 AM·TSX
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Is Sonoro Gold Corp Stock Halal?
Shariah Compliance Analysis of SGO.V Stock
Canada Materials Micro Cap No. As of October 2026, Sonoro Gold Corp (SGO.V) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sonoro Gold Corp does not pass Musaffa's business and financial screening criteria.
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.
SGO.V Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sonoro Gold Corp is classified as not halal.
NOT HALALSonoro Gold Corp (SGO.V) Chart
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Financial Metrics & Statements of Sonoro Gold Corp (SGO.V)
FAQ's for Sonoro Gold Corp (SGO.V)
- As of October 2026, Sonoro Gold Corp SGO.V 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 Sonoro Gold Corp using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Sonoro Gold Corp 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 Sonoro Gold Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Sonoro Gold Corp (SGO.V)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
