Orex Minerals Inc ORMNF
$0.16
Last Updated: Aug 18, 12:00 AM·OOTC
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ORMNF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Orex Minerals Inc is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
Orex Minerals Inc. Stock Analysis ORMNF
United States Materials Nano Cap Orex Minerals, Inc. engages in the acquisition and exploration of mineral properties in Mexico and Canada. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2000-09-29. The firm is focused on precious and base metals exploration in Mexico and Canada. The company has several projects: two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC. A third project is the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Project is a silver and gold exploration property located 40 kilometers (km) north of the community of Tepehuanes and 180 km north of the City of Durango in Durango State, Mexico. Its Coneto Silver-Gold Project is situated around the town of Coneto de Comonfort, Durango, in north-central Mexico. The company is approximately 100 km north of the City of Durango and 25 km west of Argonaut's El Castillo Gold Mine. This prolific trend hosts some silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles and Zacatecas.
Orex Minerals Inc (ORMNF) Chart
Financial Metrics & Statements of Orex Minerals Inc (ORMNF)
FAQ's for Orex Minerals Inc (ORMNF)
- As of August 2026, Orex Minerals Inc ORMNF is classified as doubtful 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 Orex Minerals Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Orex Minerals Inc 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 Orex Minerals Inc 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 Orex Minerals Inc 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 Orex Minerals Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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