Is Phenom Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Phenom Resources Corp (PHNM.V) is currently classified as NOT HALAL as of July 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 Phenom Resources Corp 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 Phenom Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Phenom Resources Corp?

Muslim investors may consider investing in Phenom Resources Corp 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 Phenom Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Phenom Resources Corp 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 Phenom Resources Corp updated?

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

Can a halal stock like Phenom Resources Corp 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 Phenom Resources Corp?

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

PHNM.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 11, 2025

Report Source: 2025 1st Quarter Report

Phenom Resources Corp. Stock Analysis PHNM.V

Canada Materials Nano Cap Report: Q1, 2025

Phenom Resources Corp. engages in the acquisition, exploration and development of mineral properties. The firm has a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, six miles south of the town of Carlin, Nevada. The Project lies within the prolific Carlin Gold Trend. The Carlin Gold-Vanadium Property is composed of 114 unpatented mineral claims and 80 acres of fee simple land totaling 955 hectares. Its West Jerome property is focused on the copper-rich district of Arizona, near the Town of Jerome, Central Arizona, which consists of approximately five square kilometers of claims on the west side of Freeport McMoran's patented lands. Its Crescent Valley property is located in Eureka County, Nevada. The firm has options on two gold projects in Nevada, the Dobbin Property, which is a Carlin gold-type target, and the King Solomon Property, a Carlin gold-type target.

Key Statistics of Phenom Resources Corp (PHNM.V)

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

Today's Range

CAD0.42CAD0.44

Today's Open

CAD0.44

Volume

79.15K

P/E Ratio (TTM)

52 Week Range

CAD0.16CAD0.50

Market Cap

55.27M

Avg. Volume

114.02K

Dividend Yield

Financial Metrics & Statements of Phenom Resources Corp (PHNM.V)

FAQ's for Phenom Resources Corp (PHNM.V)

According to Musaffa’s Shariah screening methodology, Phenom Resources Corp (PHNM.V) is currently classified as NOT HALAL as of July 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.