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GDX – Goldex Resources Corp

Not Compliant

—X—

Goldex Resources Corp is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$762,450

Market cap

-

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Goldex Resources Corporation is a Canada-based company, which is engaged in the acquisition and exploration of gold exploration and evaluation assets. The Company has not determined whether its exploration and evaluation assets contain ore reserves that are economically recoverable. The Company’s projects include Korokoro Gold, El Pato and La Chorrera. The Korokoro Gold Project islocated in Mali. The Korokoro concession of approximately 143 square kilometers is approximately 54 kilometers (kms) from the Morila Mine (+7.0Moz Au). The Company earns a 51% interest in the concession. The El Pato project is located in south-eastern Guatemala, approximately five kms west of the town of Chiquimula, the closest commercial center to the project and approximately 110 kms east of Guatemala City. Access to the property is via a series of paved and gravel roads from Chiquimula. The La Chorrera is a mineralized hydrothermal alteration, which measures approximately 50 meters in width.

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