Nouveau Monde Graphite Inc NMG
$1.50 $0.12 (8.70%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
Pricing for US stocks is delayed by 24 hours
NMG Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Nouveau Monde Graphite Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nouveau Monde Graphite Inc. Stock Analysis NMG
United States Materials Small Cap Nouveau Monde Graphite, Inc. engages in the development of fully-integrated source of green battery anode material. The company is headquartered in Saint-Michel-Des-Saints, Quebec. The company went IPO on 2012-05-16. The firm is engaged in developing responsible mining and advanced processing operations to supply the global economy with carbon-neutral active anode material to power electric vehicle (EV) and renewable energy storage systems. The firm is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Quebec, Canada. The company is advancing the development of its Matawinie graphite property, in which the Company has a 100% interest, to produce about 106,000 tons per annum (tpa) of graphite concentrate. The Becancour Battery Material Plant is approximately 150 kilometers (km) northeast of Montreal on the Saint Lawrence River. Its Uatnan Mining Project is located in the Cote-Nord administrative region, Quebec, Canada, approximately 220 km as the crow flies, north northwest of the closest community, the city of Baie-Comeau.
Nouveau Monde Graphite Inc (NMG) Chart
Financial Metrics & Statements of Nouveau Monde Graphite Inc (NMG)
FAQ's for Nouveau Monde Graphite Inc (NMG)
- As of August 2026, Nouveau Monde Graphite Inc NMG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nouveau Monde Graphite Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Nouveau Monde Graphite Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Nouveau Monde Graphite Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Nouveau Monde Graphite Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Nouveau Monde Graphite Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Nouveau Monde Graphite Inc (NMG)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
