Is New Target Mining Corp halal to invest in?

According to Musaffa's Shariah screening methodology, New Target Mining Corp (NEW.H.V) is currently classified as NOT HALAL as of July 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 New Target Mining 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 New Target Mining Corp using these criteria to determine its compliance status.

Can Muslims buy shares of New Target Mining Corp?

Muslim investors may consider investing in New Target Mining 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 New Target Mining Corp classified as NOT HALAL?

Musaffa determines the Shariah status of New Target Mining 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 New Target Mining Corp updated?

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

Can a halal stock like New Target Mining 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 New Target Mining Corp?

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

NEW.H.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 17, 2025

Report Source: 2025 2nd Quarter Report

New Target Mining Corp. Stock Analysis NEW.H.V

Canada N/A Nano Cap Report: Q2, 2025

New Target Mining Corp. engages in the acquisition and exploration of mining properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2021-04-15. The firm is focused on the acquisition, exploration, and development of mineral resource properties in Canada.

Key Statistics of New Target Mining Corp (NEW.H.V)

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

Today's Range

CAD0.11CAD0.11

Today's Open

CAD0.11

Volume

25.00K

P/E Ratio (TTM)

52 Week Range

CAD0.07CAD0.16

Market Cap

2.37M

Avg. Volume

33.88K

Dividend Yield

Financial Metrics & Statements of New Target Mining Corp (NEW.H.V)

FAQ's for New Target Mining Corp (NEW.H.V)

According to Musaffa’s Shariah screening methodology, New Target Mining Corp (NEW.H.V) is currently classified as NOT HALAL as of July 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.