Wedgemount Resources Corp WDGRF
$0.05 $0.05
Last Updated: Aug 21, 12:00 AM·OOTC
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WDGRF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Wedgemount Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Wedgemount Resources Corp. Stock Analysis WDGRF
United States N/A Nano Cap Wedgemount Resources Corp. engages acquisition, optimization, and exploitation of producing oil and gas assets. The company is headquartered in Garibaldi Highlands, British Columbia. The company went IPO on 2021-05-21. The firm is focused on the acquisition, development and exploitation of natural resource projects in North America. The firm is focused on the acquisition, optimization and exploitation of producing oil and gas assets in the Permian Basin of west central Texas. The company owns and operates the Willowbend, Millican, TCS and Huggy oil and gas properties. The company has a 100% interest in the TCS oil and gas property located in Runnels County, Texas. The firm has a 100% interest in Willowbend oil and gas property located 55 kilometers (km) south of the city of Abilene, Runnels County, Texas. Willowbend, located in the Permian Basin of west Texas, consists of over five leases hosting 11 wells producing from the Gardner formation and one injection well. Its Millican asset is located in Runnels County, Texas, approximately five km from the Willowbend property. The Huggy oil and gas are assets located in Coleman County, Texas.
Wedgemount Resources Corp (WDGRF) Chart
Financial Metrics & Statements of Wedgemount Resources Corp (WDGRF)
FAQ's for Wedgemount Resources Corp (WDGRF)
- As of August 2026, Wedgemount Resources Corp WDGRF 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 Wedgemount Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Wedgemount Resources 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 Wedgemount Resources 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 Wedgemount Resources 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 Wedgemount Resources Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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