Western Metallica Resources Corp

WMS.V

Compliant
Exchange
Sector
Headquarters
Group
TSE
Basic Materials
Canada
Micro cap

Western Metallica Resources Corp is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.03%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0.00
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
0.00%
0.00%
0.00%
0.00
0.22
0.00%

Shariah Compliance

  • Updated on July 26, 2025
Debt
✓
Non-Compliant Assets
✓
Impure Income
0.03%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
✓
Impure Income
0.03%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
✓
Impure Income
0.03%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
✓
Cash
15.08%
✓
Cash & AR
29.35%
✓
Impure Income
0.03%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
✓
Cash
15.08%
✓
Cash & AR
29.35%
✓
Impure Income
0.03%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.03%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Western Metallica Resources Corp. is a Canada-based mineral exploration company with five mineral assets across Peru and Spain. The Company has acquired the mineral claims, rights, and interests in a copper-molybdenum (Cu-Mo) porphyry project located in La Libertad, Peru; Cana Brava. This copper-based project lies on the Upper Cretaceous and Miocene (northern Peru-Ecuador) Cu-Mo porphyry belt, located near the coast. Cana Brava is located in the La Libertad Province, which is a highly prospective copper-molybdenum project comprised of four exploration concessions across 2,600 hectares, plus five newly staked extensions of exploration concessions for 3,100 hectares. It also holds 100% ownership of two gold projects in Asturias; Penedela and Valledor, and one copper project located in Andalusia; Nueva Celti. The Company has an additional gold property; Sierra Alta under option to earn 55%, located in Asturias.

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