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REEMF Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

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 9 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

$0.50$0.54

Today's Open

$0.54

Volume

130.74K

P/E Ratio (TTM)

-

52 Week Range

$0.49$1.92

Market Cap

435.62M

Avg. Volume

226.50K

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.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Rare Element Resources Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Rare Element Resources Ltd 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 Rare Element Resources Ltd 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 Rare Element Resources Ltd 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 Rare Element Resources Ltd 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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