ADN.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 29, 2025

Report Source: 2025 2nd Quarter Report

Andromeda Metals Ltd

Andromeda Metals Ltd. Stock Analysis ADN.AX

Australia Materials Nano Cap Report:
Andromeda Metals Ltd. operates as a mineral exploration company, which engages in the advancement of Great White Kaolin Project (GWKP) through the development of production facilities for halloysite-kaolin products. The firm is engaged in the sustainable supply of industrial minerals and the advancement of nanotechnologies. The firm's Great White Project (GWP) contains several deposits containing a naturally occurring blend of halloysite tubes and kaolinite plates. The Great White Project is located within the District Council of Streaky Bay, near the community of Poochera on the Eyre Peninsula in South Australia. Its Mount Hope Kaolin Project is located 80 kilometers (km) northwest of Port Lincoln on the Eyre Peninsula in South Australia. The Company’s Eyre Kaolin Project is composed of four exploration tenements totaling 2,799 square kilometers on the Western Eyre Peninsula, South Australia. The company is also advancing a High Purity Alumina (HPA) Project in South Australia, leveraging its proprietary low-carbon processing technology and using premium refined Great White kaolin product as a feedstock.
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Andromeda Metals Ltd (ADN.AX) Chart

Key Statistics of Andromeda Metals Ltd (ADN.AX)

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

Today's Range

AUD0.01AUD0.01

Today's Open

AUD0.01

Volume

2.69M

P/E Ratio (TTM)

-

52 Week Range

AUD0.01AUD0.03

Market Cap

41.59M

Avg. Volume

5.16M

Dividend Yield

-

Financial Metrics & Statements of Andromeda Metals Ltd (ADN.AX)

FAQ's for Andromeda Metals Ltd (ADN.AX)

  • According to Musaffa’s Shariah screening methodology, Andromeda Metals Ltd (ADN.AX) is currently classified as NOT HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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