EL

ELE.TO

$28.98
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-28
HTR non-permissible income <0.01%
Methodology breakdown (2/7 compliant)
AAOIFI ● PASS
Debt ratio 0.0% (< 30%)
Investments ratio 3.7% (< 30%)
Non permissible income ratio 0.0% (< 5%)
Usmani ● PASS
Debt ratio 0.0% (< 33%)
Investments ratio 7.6% (< 33%)
Nonliquid assets ratio 92.4% (< 20%)
Non permissible income ratio 0.0% (< 5%)
Net liquid assets $0.1B (mkt cap $1.9B)
Dow Jones ● REVIEW
Debt ratio 0.0% (< 33%)
Cash and interest ratio 7.7% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
S&P Shariah ● REVIEW
Debt ratio 0.0% (< 33%)
Cash and interest ratio 8.9% (< 49%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
MSCI ● REVIEW
Debt ratio 0.0% (< 33%)
Cash and interest ratio 7.6% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
MSCI M ● REVIEW
Debt ratio 0.0% (< 33%)
Cash and interest ratio 8.9% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
FTSE ● REVIEW
Debt ratio 0.0% (< 33%)
Cash and interest ratio 7.6% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)

Business activity cleared — no excluded categories detected

🔎 Data provenance — sourcing & safeguards behind these numbers

Source: stored filing inputs · Balance sheet as of 2025-12-31 · Income statement as of 2025-12-31

Real XBRL tags pulled from the issuer's own filing:
Total assets Assets
Debt Borrowings
Total liabilities Liabilities
Investments CashAndCashEquivalents, CurrentInvestments
Current liabilities CurrentLiabilities
Interest income no interest-income tag reported in 3+ years (treated as $0)
Total revenue yahoo:annualTotalRevenue
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Elemental Royalty Corporation (ELE.TO) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-28). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$32.62
+12.6% · 4 analysts
Institutional own.
23.2%
of shares
COMPLIANT
Sharia compliance
<0.01%
Non-permissible income — HTR, from filings (2025-12-31)
$32.62
Price target (+12.6%) · 4 analysts
23.2%
Institutional ownership

🕌 In-house Compliance Research

Research only, not the primary verdict above — computed from SEC EDGAR filings and business-activity classification, same as the Discord bot's !halal command.

ℹ️ Financial data sourced from SEC filings through linked US listing (ELE) — ELE.TO has no SEC filings of its own, but is also listed there under a linked ticker.

Business activity: cleared (no excluded categories detected)

AAOIFI Standard 21 (% of market cap) — Pass
Debt ratio 0.0% (< 30%)
Investments ratio 3.7% (< 30%)
Non permissible income ratio 0.0% (< 5%)
Usmani (% of total assets) — Pass
Debt ratio 0.0% (< 33%)
Investments ratio 7.6% (< 33%)
Nonliquid assets ratio 92.4% (< 20%)
Non permissible income ratio 0.0% (< 5%)
Net liquid assets $0.1B (mkt cap $1.9B)
Dow Jones Islamic Market (% of 24-mo avg market cap) — Unverified
Debt ratio 0.0% (< 33%)
Cash and interest ratio 7.7% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
S&P Shariah Indices (% of 36-mo avg market cap) — Unverified
Debt ratio 0.0% (< 33%)
Cash and interest ratio 8.9% (< 49%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
MSCI Islamic Index (% of total assets) — Unverified
Debt ratio 0.0% (< 33%)
Cash and interest ratio 7.6% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
MSCI Islamic M-Series (% of 36-mo avg market cap) — Unverified
Debt ratio 0.0% (< 33%)
Cash and interest ratio 8.9% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
FTSE Shariah Global Equity Index Series (% of total assets) — Unverified
Debt ratio 0.0% (< 33%)
Cash and interest ratio 7.6% (< 33%)
Receivables ratio no data
Non permissible income ratio 0.0% (< 5%)
🔎 Data provenance — sourcing & safeguards behind these numbers

Source: stored filing inputs · Balance sheet as of 2025-12-31 · Income statement as of 2025-12-31

Real XBRL tags pulled from the issuer's own filing (auditable against it directly):
Total assets Assets
Debt Borrowings
Total liabilities Liabilities
Investments CashAndCashEquivalents, CurrentInvestments
Current liabilities CurrentLiabilities
Interest income no interest-income tag reported in 3+ years (treated as $0)
Total revenue yahoo:annualTotalRevenue

Combined verdict: AAOIFI Compliant Usmani Compliant Dow Jones Islamic Needs Review S&P Shariah Needs Review MSCI Islamic Needs Review MSCI Islamic M Needs Review FTSE Shariah Needs Review

32.8929.0925.2921.4917.702025-09-112026-03-122026-09-10

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
27.83
S2
28.48
S1
28.86
PIVOT
29.51
R1
29.89
R2
30.54
R3
30.92

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
26.3091 32.5909
±10.67% from 29.45, made 2026-09-08 · resolves 2026-09-15
BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21865 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

BUY
19 indicators
OscillatorsSTRONG SELL
1 buy · 3 neutral · 3 sell
Moving averagesSTRONG BUY
9 buy · 0 neutral · 3 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)53.60NEUTRAL
Stochastic %K (14)26.87NEUTRAL
CCI (20)-105.82BUY
Williams %R (14)-73.13NEUTRAL
MACD (12,26,9)-0.39SELL
ROC (10)-4.45SELL
Momentum (10)-1.35SELL
EMA (10)29.39SELL
SMA (10)29.52SELL
EMA (20)28.91BUY
SMA (20)29.78SELL
EMA (30)28.14BUY
SMA (30)28.12BUY
EMA (50)26.97BUY
SMA (50)25.85BUY
EMA (100)25.81BUY
SMA (100)24.67BUY
EMA (200)25.12BUY
SMA (200)25.31BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Elemental Royalty Corporation

Basic Materials · Gold

Elemental Royalty Corporation engages in the acquisition and generation of precious and base metal royalties. It is also involved in exploration royalties and royalty generation assets. The company holds royalties in gold, silver, copper, and precious metal projects. In addition, it operates in North America; South America; Australia; Africa; and internationally. The company was formerly known as Elemental Altus Royalties Corp. and changed its name to Elemental Royalty Corporation in November 2025. The company is headquartered in Vancouver, Canada.

elementalroyalty.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.