Is Wallbridge Mining Company Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Wallbridge Mining Company Ltd (WM.TO) is currently classified as NOT HALAL as of April 2026. 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 Wallbridge Mining Company Ltd 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 Wallbridge Mining Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Wallbridge Mining Company Ltd?

Muslim investors may consider investing in Wallbridge Mining Company 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.

Why is Wallbridge Mining Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Wallbridge Mining Company Ltd 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 Wallbridge Mining Company Ltd updated?

The Shariah compliance status of Wallbridge Mining Company Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Wallbridge Mining Company Ltd 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 Wallbridge Mining Company Ltd?

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

WM.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 11, 2026

Report Source: 2025 Annual Report

Wallbridge Mining Company Ltd. Stock Analysis WM.TO

Canada Materials Micro Cap Report: 2025 Annual

Wallbridge Mining Co. Ltd. engages in the acquisition, discovery, development, and production of gold. The company is headquartered in Lively, Ontario and currently employs 24 full-time employees. The company went IPO on 2000-07-25. The firm holds a contiguous mineral property position totaling approximately 830 square kilometers (km2) that extends approximately 97 kilometers (kms) along the Detour-Fenelon gold trend. The property is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier exploration stage Martiniere Gold Project, as well as numerous other gold exploration targets. Fenelon is located in the Nord-du-Quebec administrative region, approximately 75 kms west-northwest of the town of Matagami, in the province of Quebec, Canada. Martiniere project is located approximately 110 kms west of the town of Matagami and 150 kms north of Amos, Quebec, Canada. Its Detour-Fenelon Gold Trend project includes Casault, Grasset Gold, Harri and Doigt. The firm owns a 100% interest in the N2 Property.

Key Statistics of Wallbridge Mining Company Ltd (WM.TO)

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

Today's Range

CAD0.08CAD0.08

Today's Open

CAD0.08

Volume

347.06K

P/E Ratio (TTM)

52 Week Range

CAD0.05CAD0.14

Market Cap

97.81M

Avg. Volume

569.97K

Dividend Yield

Financial Metrics & Statements of Wallbridge Mining Company Ltd (WM.TO)

FAQ's for Wallbridge Mining Company Ltd (WM.TO)

According to Musaffa’s Shariah screening methodology, Wallbridge Mining Company Ltd (WM.TO) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.