As of August 2026, Orange Minerals NL is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Orange Minerals NL. Stock Analysis ORMXF
United States Materials Nano Cap
Orange Minerals NL operates as an early stage gold and copper exploration company with projects on the Lachlan Fold Belt in New South Wales and the Eastern Goldfields in Western Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-12-08. The LFB of NSW hosts mines including Cadia/Ridgeway, North Parkes and Lake Cowal and the tenements in the Eastern Goldfields of WA are close to the Daisy Milano gold mine and Black Cat Resources Majestic Project. The firm is focusing on the Calarie & Wisemans Creek gold/base metal Projects in NSW, the Majestic/Kurnalpi gold, the Lennon’s Find Base Metal and the Mulga Rocks Uranium/Critical Minerals Projects in WA. Calarie is a mining lease (ML739) and two exploration licenses (EL8555, EL8580) that form a 70% earn-in joint venture with Godolphin Resources Limited. The Wisemans Creek project is located in the south-east of the Company’s NSW Project area. The Eastern Goldfields Project is located approximately 50 kilometers east of Kalgoorlie in the area around the Majestic, Kurnalpi and Mt Monger gold mining centers.
Orange Minerals NL (ORMXF) Chart
Financial Metrics & Statements of Orange Minerals NL (ORMXF)
FAQ's for Orange Minerals NL (ORMXF)
As of August 2026, Orange Minerals NL ORMXF 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 Orange Minerals NL using these criteria to determine its compliance status.
Muslim investors may consider investing in Orange Minerals NL 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 Orange Minerals NL 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 Orange Minerals NL 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 Orange Minerals NL 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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