Is Group Eleven Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Group Eleven Resources Corp (ZNG.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 Group Eleven Resources 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 Group Eleven Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Group Eleven Resources Corp?

Muslim investors may consider investing in Group Eleven 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.

Why is Group Eleven Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Group Eleven Resources 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 Group Eleven Resources Corp updated?

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

Can a halal stock like Group Eleven Resources 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 Group Eleven Resources Corp?

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

ZNG.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 03, 2026

Report Source: 2025 3rd Quarter Report

Group Eleven Resources Corp. Stock Analysis ZNG.V

Canada Materials Micro Cap Report: Q3, 2025

Group Eleven Resources Corp. engages in the exploration and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2017-12-15. The company holds about 18 Prospecting Licenses (PLs) in Ireland, comprising approximately 549 square kilometers on three main properties which are highly prospective for Irish Type zinc-lead deposits. Ballywire is located 20 kilometers (km) from the Company’s 77.64%-owned Stonepark zinc-lead deposit, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit. The PG West Project (including the Tullacondra Project to the south) is located in southwest Ireland and is 100% owned by the Company. The Stonepark project comprises five PLs covering an area of 148 square kilometers. Stonepark hosts three main zones of mineralization: Stonepark North, Stonepark and Stonepark West. Its Ballinalack project (Ballinalack) consists of one PL covering 46 square kilometers and is located approximately 50 km west of the Tara Zinc-Lead Mine (Boliden AB), near Navan.

Key Statistics of Group Eleven Resources Corp (ZNG.V)

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

Today's Range

CAD1.08CAD1.15

Today's Open

CAD1.15

Volume

209.64K

P/E Ratio (TTM)

52 Week Range

CAD0.25CAD1.30

Market Cap

320.27M

Avg. Volume

223.84K

Dividend Yield

Financial Metrics & Statements of Group Eleven Resources Corp (ZNG.V)

FAQ's for Group Eleven Resources Corp (ZNG.V)

According to Musaffa’s Shariah screening methodology, Group Eleven Resources Corp (ZNG.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.