Meridian Mining PLC MRRDF
$1.27 $0.07 (5.71%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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MRRDF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Meridian Mining PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Meridian Mining PLC. Stock Analysis MRRDF
United States Materials Small Cap Meridian Mining Plc engages in the acquisition, exploration, development, and mining of gold and copper. Cabacal is a gold-copper-silver rich VMS deposit with the potential to be a standalone mine within the 50-kilometer (km) VMS belt. Its projects also include the Espigao Project and Santa Helena Project. The Espigao Project is located in the state of Rondonia, NW Brazil. The Espigao Project is located on the southwest margin of the Amazon Craton, on the western margin of the Proterozoic Rondonia-Juruena Province. An extensive network of mineralized structures extends over 200 square kilometers (km2) in the ore of the license area, and comprises base metal anomalous manganese veins, ferruginous breccias, gold-bearing quartz-pyrite veins and others. Its Santa Helena is a copper, gold, silver and zinc lead deposit located approximately10 km to the southeast of the Cabacal Mine area.
Meridian Mining PLC (MRRDF) Chart
Financial Metrics & Statements of Meridian Mining PLC (MRRDF)
FAQ's for Meridian Mining PLC (MRRDF)
- As of August 2026, Meridian Mining PLC MRRDF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Meridian Mining PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Meridian Mining PLC 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 Meridian Mining PLC 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 Meridian Mining PLC 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 Meridian Mining PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Meridian Mining PLC (MRRDF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
