REEMF Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: January 20, 2025

Report Source: 2024 3rd Quarter Report

Rare Element Resources Ltd

Rare Element Resources Ltd. Stock Analysis REEMF

United States Materials Small Cap Report:
Rare Element Resources Ltd. engages in the exploration and development of earth element deposits and mineral properties. The company is headquartered in Littleton, Colorado and currently employs 7 full-time employees. Its Bear Lodge Property, which is located in Central Crook County, Wyoming, includes two projects, the Bear Lodge Rare Earth Project (the Bear Lodge REE Project) and the Sundance Gold Project. The firm is focused on delivering rare earth products for technology, energy and defense applications by advancing the Bear Lodge REE Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical REEs that are essential for high-strength permanent magnets, electronics, fiber optics, laser systems for medical technology and defense, as well as technologies like electric vehicles, solar panels and wind turbines. The Bear Lodge REE Project consists of the Bull Hill and Whitetail Ridge REE deposits and the exploration targets of East Taylor and Carbon Hill. Its Sundance Gold Project is adjacent to the Bear Lodge REE Project.
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Rare Element Resources Ltd (REEMF) Chart

Key Statistics of Rare Element Resources Ltd (REEMF)

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

Today's Range

$0.83$0.89

Today's Open

$0.84

Volume

164.49K

P/E Ratio (TTM)

-

52 Week Range

$0.49$1.92

Market Cap

469.68M

Avg. Volume

317.74K

Dividend Yield

-

Financial Metrics & Statements of Rare Element Resources Ltd (REEMF)

FAQ's for Rare Element Resources Ltd (REEMF)

  • According to Musaffa’s Shariah screening methodology, Rare Element Resources Ltd (REEMF) is currently classified as NOT HALAL as of January 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.

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