Is Western Metallica Resources Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Western Metallica Resources Corp (WMS.V) is currently classified as NOT HALAL as of June 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 Western Metallica 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 Western Metallica Resources Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Western Metallica Resources Corp?

Muslim investors may consider investing in Western Metallica 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 Western Metallica Resources Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Western Metallica 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 Western Metallica Resources Corp updated?

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

Can a halal stock like Western Metallica 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 Western Metallica Resources Corp?

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

WMS.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 30, 2025

Report Source: 2025 1st Quarter Report

Western Metallica Resources Corp. Stock Analysis WMS.V

Canada N/A Nano Cap Report: Q1, 2025

Western Metallica Resources Corp. engages in the mineral resource exploration and development business. The company is headquartered in Toronto, Ontario. The company went IPO on 2021-10-05. The Company’s properties are located in mining jurisdictions. The firm also holds 100% ownership of two gold projects in Asturias; Penedela and Valledor, and one copper project located in Andalusia, Nueva Celti. The Nueva Celti Project, is located in the Ossa Morena geological belt in the autonomous region of Andalusia and comprises approximately 1,250 hectares (ha). The Penedela Gold Project is in the Ibias district, which is located at the southern edge of the Navelgas gold Belt and comprises 1,900 ha. The firm has an additional gold property, Sierra Alta, under an option to earn 55%, located in Asturias, northern Spain, within the Navelgas Gold Belt, a mineralized corridor approximately 90 km long and 20 km wide, covering around 2,500 hectares.

Key Statistics of Western Metallica Resources Corp (WMS.V)

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

Today's Range

CAD0.04CAD0.05

Today's Open

CAD0.04

Volume

71.00K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.15

Market Cap

337.45K

Avg. Volume

25.39K

Dividend Yield

Financial Metrics & Statements of Western Metallica Resources Corp (WMS.V)

FAQ's for Western Metallica Resources Corp (WMS.V)

According to Musaffa’s Shariah screening methodology, Western Metallica Resources Corp (WMS.V) is currently classified as NOT HALAL as of June 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.