Xtra Gold Resources Corp XTGRF
$2.22 $0.05 (2.30%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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XTGRF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Xtra Gold Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Xtra Gold Resources Corp. Stock Analysis XTGRF
United States Materials Micro Cap Xtra-Gold Resources Corp. engages in the exploration of gold properties in Ghana, West Africa. The Company’s exploration activities include the review of existing geological data, grid establishment and soil geochemical sampling, geological mapping, geophysical surveying, trenching, and pitting to test gold-in-soil anomalies. The firm's exploration activity is focused on the Kibi Gold Project comprising approximately 33.65 square kilometers (sq kms), which is located on the Apapam Concession along the eastern flank of the Kibi Gold Belt. The firm has five concessions: Kwabeng, Pameng, Apapam, Muoso, and Banso. The company holds about five mining leases totaling approximately 226 sq kms (22,600 hectares) at the northern extremity of the Kibi Gold Belt. Its subsidiaries include Xtra-Gold Exploration Limited and Xtra-Gold Mining Limited.
Xtra Gold Resources Corp (XTGRF) Chart
Financial Metrics & Statements of Xtra Gold Resources Corp (XTGRF)
FAQ's for Xtra Gold Resources Corp (XTGRF)
- As of August 2026, Xtra Gold Resources Corp XTGRF 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 Xtra Gold Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Xtra Gold 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 Xtra Gold 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 Xtra Gold 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 Xtra Gold 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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