VSR.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 17, 2024

Report Source: 2023 2nd Quarter Report

Voltaic Strategic Resources Ltd

Voltaic Strategic Resources Ltd. Stock Analysis VSR.AX

Australia Materials Nano Cap Report:
Voltaic Strategic Resources Ltd. engages in the exploration, development and production of natural gas and crude oil. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2011-01-21. The firm is engaged in the exploration of hard rock minerals, including lithium, base metals, rare earth elements (REE) and gold, in Western Australia. The company has a portfolio of exploration assets that is primarily focused on batteries and precious metals in the Gascoyne and Meekatharra regions of Western Australia (WA), and in Nevada, United States of America. The Company’s Gascoyne and Ashburton projects are situated east/northeast of the town of Carnarvon in Western Australia and cover a total area of approximately 2,144 square kilometers (km2), comprising four individual projects: Ti Tree, Paddys Well, Talga, and Kooline. The Meekatharra project comprises seven granted exploration licenses covering an area of 266 km2, comprising three individual projects: Bluebird South Project, Bundle Bore Project and Cue Project. The company also applied for additional tenements near the town of Jerramungup in WA.
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Voltaic Strategic Resources Ltd (VSR.AX) Chart

Key Statistics of Voltaic Strategic Resources Ltd (VSR.AX)

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

Today's Range

AUD0.05AUD0.05

Today's Open

AUD0.05

Volume

133.77K

P/E Ratio (TTM)

13.40

52 Week Range

AUD0.01AUD0.07

Market Cap

22.80M

Avg. Volume

529.80K

Dividend Yield

-

Financial Metrics & Statements of Voltaic Strategic Resources Ltd (VSR.AX)

FAQ's for Voltaic Strategic Resources Ltd (VSR.AX)

  • According to Musaffa’s Shariah screening methodology, Voltaic Strategic Resources Ltd (VSR.AX) is currently classified as NOT HALAL as of February 2024. 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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