Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

MAT.AX Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: October 20, 2025

Report Source: 2025 Annual Report

Matsa Resources Ltd

Matsa Resources Ltd. Stock Analysis MAT.AX

Australia Materials Nano Cap Report:
Matsa Resources Ltd. engages in the business of small-scale mining and mineral exploration. The Company’s exploration activities are focused on its flagship Lake Carey Gold Project and has landholding in Thailand for lithium and base metals. The firm holds a ground position of about 449 square kilometers at Lake Carey within the Laverton tectonic zone, located in Western Australia. The Lake Carey Gold Project includes three gold mines that are in care and maintenance, including the underground Red October gold mine and open pit Fortitude and Devon gold pits. Its key exploration focus at Lake Carey is centered on defining a new resource at the Fortitude North prospect, located about six kilometers (km) to the north and along the strike of the Fortitude Gold Mine. The company also has a number of developing lithium and copper assets in Thailand with approximately 1,700 square kilometers.
Read More

Matsa Resources Ltd (MAT.AX) Chart

Key Statistics of Matsa Resources Ltd (MAT.AX)

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

Today's Range

AUD0.07AUD0.07

Today's Open

AUD0.07

Volume

114.45K

P/E Ratio (TTM)

-

52 Week Range

AUD0.05AUD0.16

Market Cap

69.92M

Avg. Volume

124.11K

Dividend Yield

-

Financial Metrics & Statements of Matsa Resources Ltd (MAT.AX)

FAQ's for Matsa Resources Ltd (MAT.AX)

  • According to Musaffa’s Shariah screening methodology, Matsa Resources Ltd (MAT.AX) is currently classified as DOUBTFUL as of October 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.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Matsa Resources Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Matsa Resources 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.
  • Musaffa determines the Shariah status of Matsa Resources Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Matsa Resources Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • 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.
  • You can check the latest Shariah compliance status of Matsa Resources Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.