Is Neometals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Neometals Ltd (NMT.AX) is currently classified as NOT HALAL as of April 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 Neometals 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 Neometals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Neometals Ltd?

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

Musaffa determines the Shariah status of Neometals 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 Neometals Ltd updated?

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

Can a halal stock like Neometals 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 Neometals Ltd?

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

NMT.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Neometals Ltd (NMT.AX)

Based on 5 analysts giving stock ratings to Neometals Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Neometals Ltd. Stock Analysis NMT.AX

Australia Materials Nano Cap Report: Q2, 2025

Neometals Ltd. is a mineral exploration company, which engages in the production and development of battery materials. The company is headquartered in Perth, Western Australia. The company went IPO on 2002-07-10. The firm has developed and is commercializing three environmentally friendly processing technologies. The firm operates through three segments: lithium, titanium/vanadium and other. The company is commercializing Lithium-ion Battery (LiB) Recycling technology via Primobius GmbH JV. The company is providing recycling service as principal in Germany and commenced plant supply and licensing activities as technology partner to Mercedes-Benz. The firm is involved in commercializing patented ELi electrolysis process to produce battery quality lithium hydroxide from brine and/or hard-rock feedstocks. The company also enables sustainable production of high-purity vanadium pentoxide from processing of steelmaking by-product (Slag). Its Barrambie Titanium and Vanadium Project is a highest-grade hard-rock titanium-vanadium deposits. The other segment comprises other minor exploration projects and mineral process technology businesses.

Key Statistics of Neometals Ltd (NMT.AX)

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

Today's Range

AUD0.04AUD0.04

Today's Open

AUD0.04

Volume

304.24K

P/E Ratio (TTM)

52 Week Range

AUD0.04AUD0.11

Market Cap

34.16M

Avg. Volume

426.99K

Dividend Yield

Financial Metrics & Statements of Neometals Ltd (NMT.AX)

FAQ's for Neometals Ltd (NMT.AX)

According to Musaffa’s Shariah screening methodology, Neometals Ltd (NMT.AX) is currently classified as NOT HALAL as of April 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.