Is WWR (WWR) Halal?

AMEX Basic Materials United States $75M
✓ HALAL
Confidence: 83/100
WWR (WWR) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.2% against the AAOIFI threshold of 30%, WWR 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 0.2%
/ 30%
4.5%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.2%
/ 33%
4.5%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 0.2%
/ 33%
2.9%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
S&P 0.2%
/ 33%
4.5%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 0.2%
/ 33%
2.9%
/ 33%
0.0%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.32
P/B Ratio
0.4
EV/EBITDA
-2.4
EV: $33M
Revenue
$0
Beta
1.6
High volatility
Current Ratio
4.2

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -17.4%
Return on Assets (ROA) -5.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$6M
Free Cash Flow-$12M
Total Debt$235,000
Debt-to-Equity3.5
Current Ratio4.2
Total Assets$146M

Price & Trading

Last Close$0.62
50-Day MA$0.89
200-Day MA$0.94
Avg Volume2.1M
Beta1.6
52-Week Range
$0.45
$3.75

About WWR (WWR)

CEO
Mr. Frank Bakker
Employees
20
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
United States
Exchange
AMEX
Market Cap
$75M
Currency
USD

Westwater Resources, Inc., an energy technology company, focuses on developing battery-grade natural graphite materials in the United States. It primarily holds interests in the Coosa Graphite project covering an area of approximately 41,965 acres situated in east-central Alabama, near the western end of Coosa County; and the Kellyton Graphite plant located near Kellyton, Alabama. The company was formerly known as Uranium Resources, Inc. and changed its name to Westwater Resources, Inc. in August 2017. The company was incorporated in 1977 and is headquartered in Centennial, Colorado.

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Frequently Asked Questions

Is WWR (WWR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WWR 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 WWR's debt ratio?

WWR's debt ratio is 0.2% 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 0.2%.

What are WWR's key financial metrics?

WWR has a market capitalization of $75M. Return on equity stands at -17.4%.

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.