Is Blue Moon Metals Inc. (BMM) Halal?

NASDAQ Basic Materials Canada $471M
✓ HALAL
Confidence: 83/100
Blue Moon Metals Inc. (BMM) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, Blue Moon Metals Inc. comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Other Industrial Metals & Mining), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
0.7%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.0%
/ 33%
0.7%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 0.0%
/ 33%
10.7%
/ 33%
0.6%
/ 33%
N/A ✓ HALAL
S&P 0.0%
/ 33%
0.7%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 0.0%
/ 33%
10.7%
/ 33%
0.6%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.33
P/B Ratio
2.9
Revenue
$0
Beta
1.0
Average volatility
Current Ratio
3.6

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -22.6%
Return on Assets (ROA) -14.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$619,822
Free Cash Flow-$622,506
Debt-to-Equity9.8
Current Ratio3.6
Total Assets$32M

Price & Trading

Last Close$5.43
50-Day MA$4.80
200-Day MA$4.80
Avg Volume127K
Beta1.0
52-Week Range
$3.47
$6.56

About Blue Moon Metals Inc. (BMM)

CEO
Mr. Christian Peter-Thomas Kargl-Simard P.Eng.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Canada
Exchange
NASDAQ
Market Cap
$471M
Currency
USD

Blue Moon Metals Inc. engages in the exploration and development of mineral resource properties in Norway and the United States. The company explores for zinc, silver, gold, lead, germanium, gallium, and copper deposits. Its flagship project is the 100% owned the Nussir project located at the Finnmark county in northern Norway. The company was formerly known as Blue Moon Zinc Corp. and changed its name to Blue Moon Metals Inc. in April 2021. Blue Moon Metals Inc. was incorporated in 2007 and is headquartered in Toronto, Canada.

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Frequently Asked Questions

Is Blue Moon Metals Inc. (BMM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Blue Moon Metals Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Blue Moon Metals Inc.'s debt ratio?

Blue Moon Metals Inc.'s debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.

What are Blue Moon Metals Inc.'s key financial metrics?

Blue Moon Metals Inc. has a market capitalization of $471M. Return on equity stands at -22.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.