Is Almadex Minerals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Almadex Minerals Ltd (DEX.V) 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.

Is Almadex Minerals Ltd 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 Almadex Minerals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Almadex Minerals Ltd?

Muslim investors may consider investing in Almadex Minerals Ltd 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 Almadex Minerals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Almadex Minerals Ltd 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 Almadex Minerals Ltd updated?

The Shariah compliance status of Almadex Minerals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Almadex Minerals Ltd 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 Almadex Minerals Ltd?

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

DEX.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 15, 2025

Report Source: 2025 1st Quarter Report

Almadex Minerals Ltd. Stock Analysis DEX.V

Canada Materials Nano Cap Report: Q1, 2025

Almadex Minerals Ltd. engages in the evaluation, acquisition, and exploration of mineral properties. Its United States projects include Davis/Paradise Valley, Pilot, Radio, New Hope, and others. The company also has three epithermal gold-silver prospects in Nevada, United States, including Confusion Hills, County Line, and Silverton South. Its Canadian projects include Logan, Lac de Gras / ATW, Merit, and Nicoamen River. Its royalty package consists of projects which include La Bufa, Caballo Blanco, El Cobre, Cerro Colorado, El Fuego, Prospect Valley, Skoonka Creek, and others. The company also has gold-silver early-stage exploration projects, such as the Ruby Hill, Big Sky, Bald Valley, and White Plains Projects. The company also owns Red Antler early-stage exploration project in western Utah. The company owns 100% interest in the Rattlesnake, Arizona Porphyry-Epithermal early-stage exploration project. The company also owns several portable diamond drill rigs.

Key Statistics of Almadex Minerals Ltd (DEX.V)

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

Today's Range

CAD0.46CAD0.52

Today's Open

CAD0.52

Volume

44.34K

P/E Ratio (TTM)

39.55

52 Week Range

CAD0.26CAD0.78

Market Cap

27.84M

Avg. Volume

14.37K

Dividend Yield

Financial Metrics & Statements of Almadex Minerals Ltd (DEX.V)

FAQ's for Almadex Minerals Ltd (DEX.V)

According to Musaffa’s Shariah screening methodology, Almadex Minerals Ltd (DEX.V) 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.