Is ProAm Explorations Corp halal to invest in?

According to Musaffa's Shariah screening methodology, ProAm Explorations Corp (PMX.V) is currently classified as DOUBTFUL 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 ProAm Explorations 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 ProAm Explorations Corp using these criteria to determine its compliance status.

Can Muslims buy shares of ProAm Explorations Corp?

Muslim investors may consider investing in ProAm Explorations 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 ProAm Explorations Corp classified as DOUBTFUL?

Musaffa determines the Shariah status of ProAm Explorations 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 ProAm Explorations Corp updated?

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

Can a halal stock like ProAm Explorations 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 ProAm Explorations Corp?

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

PMX.V Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: July 17, 2025

Report Source: 2025 1st Quarter Report

ProAm Explorations Corp. Stock Analysis PMX.V

Canada Energy Nano Cap Report: Q1, 2025

ProAm Explorations Corp. is a junior mineral and oil & natural gas exploration and development company. The company is headquartered in Vancouver, British Columbia. The firm operates in Canada and the United States. Its mineral properties include the Samuel Lake Project, Jet Property, and others. The company owns an undivided 100% interest in certain claims comprising the Samuel Lake Property. Its Nevada property, which is the Jet Property, is located in Elko County, Nevada. The company holds a 100% interest in Utah property and consists of a 10-claim block plus an attached school reserve. The firm has a 10.1 % working interest in a well in Logan County, Arkansas. The firm also has a 10.1 % working interest in a well in Oklahoma. The company has option agreement to acquire a 100% interest in the Golden Ridge Gold Project, located in western New Brunswick, Canada.

Key Statistics of ProAm Explorations Corp (PMX.V)

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

Today's Range

CAD0.18CAD0.18

Today's Open

CAD0.18

Volume

500.00

P/E Ratio (TTM)

52 Week Range

CAD0.04CAD0.25

Market Cap

2.62M

Avg. Volume

36.08K

Dividend Yield

Financial Metrics & Statements of ProAm Explorations Corp (PMX.V)

FAQ's for ProAm Explorations Corp (PMX.V)

According to Musaffa’s Shariah screening methodology, ProAm Explorations Corp (PMX.V) is currently classified as DOUBTFUL 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.