Is Texas Mineral Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Texas Mineral Resources Corp (TMRC) 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 Texas Mineral 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 Texas Mineral Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Texas Mineral Resources Corp?

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

Musaffa determines the Shariah status of Texas Mineral 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 Texas Mineral Resources Corp updated?

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

Can a halal stock like Texas Mineral 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 Texas Mineral Resources Corp?

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

TMRC Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 02, 2025

Report Source: 2025 2nd Quarter Report

Texas Mineral Resources Corp. Stock Analysis TMRC

United States Materials Micro Cap Report: Q2, 2025

Texas Mineral Resources Corp. is a mining company, which engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Sierra Blanca, Texas and currently employs 2 full-time employees. The company went IPO on 2001-12-12. The firm is engaged in the business of owning, acquiring, exploring and developing mineral properties. Its flagship Rare Earths-Round Top project is located in Hudspeth County, Texas, approximately 85 miles southeast of El Paso. The company holds 19-year renewable leases from the State of Texas on 950 acres encompassing Round Top and additional prospecting permits on adjacent areas covering an additional over 9,345 acres. Round Top develops a metallurgical process to concentrate or otherwise extract the metals from the Round Top Project's rhyolite, conduct additional engineering, design and geotechnical work, among others. The Company’s Carlisle mine has four patented mining claims in the Steeple Rock district of New Mexico.

Key Statistics of Texas Mineral Resources Corp (TMRC)

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

Today's Range

$1.00$1.07

Today's Open

$1.04

Volume

134.48K

P/E Ratio (TTM)

52 Week Range

$0.46$3.02

Market Cap

97.17M

Avg. Volume

319.94K

Dividend Yield

Financial Metrics & Statements of Texas Mineral Resources Corp (TMRC)

FAQ's for Texas Mineral Resources Corp (TMRC)

According to Musaffa’s Shariah screening methodology, Texas Mineral Resources Corp (TMRC) 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.