Is SOLITARIO RESOURCES CORP. (XPL) Halal?

NYSE Basic Materials United States $74M
✓ HALAL
Confidence: 83/100
SOLITARIO RESOURCES CORP. (XPL) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.1% against the AAOIFI threshold of 30%, SOLITARIO RESOURCES CORP. comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Other Industrial Metals & Mining), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.1%
/ 30%
8.0%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.1%
/ 33%
8.0%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 0.2%
/ 33%
25.7%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
S&P 0.1%
/ 33%
8.0%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 0.2%
/ 33%
25.7%
/ 33%
0.0%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.04
P/B Ratio
3.0
EV/EBITDA
-15.0
EV: $66M
Revenue
$0
Beta
0.4
Low volatility
Current Ratio
37.3

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -16.2%
Return on Assets (ROA) -11.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$4M
Free Cash Flow-$4M
Total Debt$7,000
Debt-to-Equity0.0
Current Ratio37.3
Total Assets$25M

Price & Trading

Last Close$0.79
50-Day MA$0.78
200-Day MA$0.71
Avg Volume450K
Beta0.4
52-Week Range
$0.54
$0.98

About SOLITARIO RESOURCES CORP. (XPL)

CEO
Mr. Christopher Engle Herald M.Sc.
Employees
3
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
United States
Exchange
NYSE
Market Cap
$74M
Currency
USD

Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company also explores for gold deposits. It holds 100% interest in the Golden Crest gold project covering an area of approximately 33,000 acres of mining claims located in western South Dakota, Lawrence County; and 85% interest in the Chambara project, which consists of 12 concessions covering an area of approximately 9,880 hectares located in Peru. It also holds 100% interest in the Cat Creek project located in south-central Colorado and Bright Angel Gold-Copper Project located in North-Central Colorado. The company was formerly known as Solitario Zinc Corp. and changed its name to Solitario Resources Corp. in July 2023. Solitario Resources Corp. was incorporated in 1984 and is based in Wheat Ridge, Colorado.

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Frequently Asked Questions

Is SOLITARIO RESOURCES CORP. (XPL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOLITARIO RESOURCES CORP. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SOLITARIO RESOURCES CORP.'s debt ratio?

SOLITARIO RESOURCES CORP.'s debt ratio is 0.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.2%.

What are SOLITARIO RESOURCES CORP.'s key financial metrics?

SOLITARIO RESOURCES CORP. has a market capitalization of $74M. Return on equity stands at -16.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.