Is LODE (LODE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.9% / 30% | 0.4% / 30% | 1.0% / 30% | 10.02% / 5% | ✗ NOT HALAL |
| DJIM | 5.9% / 33% | 0.4% / 33% | 1.0% / 33% | 10.02% / 5% | ✗ NOT HALAL |
| MSCI | 15.1% / 33% | 1.0% / 33% | 2.7% / 33% | 10.02% / 5% | ✗ NOT HALAL |
| S&P | 5.9% / 33% | 0.4% / 33% | 1.0% / 33% | 10.02% / 5% | ✗ NOT HALAL |
| FTSE | 15.1% / 33% | 1.0% / 33% | 2.7% / 50% | 10.02% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -69.1% | |
| Operating Margin | -3497.9% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -50.6% | |
| Return on Assets (ROA) | -18.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$14M |
| Free Cash Flow | -$15M |
| Total Debt | $14M |
| Debt-to-Equity | 16.9 |
| Current Ratio | 2.1 |
| Total Assets | $91M |
Price & Trading
| Last Close | $3.09 |
| 50-Day MA | $3.19 |
| 200-Day MA | $3.30 |
| Avg Volume | 1.9M |
| Beta | 1.3 |
|
52-Week Range
$1.67
| |
About LODE (LODE)
Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. The company operates through five segments: Fuels, Metals, Mining, Strategic Investments, and Corporate Services. It develops and commercializes technology that extract and convert wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels. The company also owns 100% in the Lucerne Project located in the Storey County, Nevada; and the Spring Valley Project situated in the Lyon County, Nevada. In addition, it offers engineering and construction services; and invests in non-mining real estate, water rights, and securities investments. The company was incorporated in 2008 and is based in Virginia City, Nevada.
Related Halal Stocks in Basic Materials
Frequently Asked Questions
Is LODE (LODE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LODE is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is LODE's debt ratio?
LODE's debt ratio is 5.9% 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 15.1%.
What are LODE's key financial metrics?
LODE has a market capitalization of $225M, and revenue of $3M. Return on equity stands at -50.6%.
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.