Is Northstar Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Northstar Gold Corp (NSG.CN) is currently classified as NOT HALAL as of June 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 Northstar Gold 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 Northstar Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Northstar Gold Corp?

Muslim investors may consider investing in Northstar Gold 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 Northstar Gold Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Northstar Gold 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 Northstar Gold Corp updated?

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

Can a halal stock like Northstar Gold 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 Northstar Gold Corp?

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

NSG.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 27, 2025

Report Source: 2025 3rd Quarter Report

Northstar Gold Corp. Stock Analysis NSG.CN

Canada N/A Nano Cap Report: Q3, 2025

Northstar Gold Corp. engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in New Liskeard, Ontario. The company went IPO on 2020-01-02. Its projects include Miller Gold Property, Searles Property, Bryce Gold Property, Milestone (Cu-Ni-Co), and Rosegrove. The 1100-hectare (ha) Miller Gold project is located 18-kilometers (km) south of Agnico Eagle Mines Ltd.'s Macassa South Mine Complex. The 64-ha Searles Property is located 18 km southeast of Kirkland Lake. The 4,650-ha Bryce project is situated on the western extension of the Ridout Break, 65 km east of the Juby Gold Project and 35 kilometers south of the Miller Gold Property. The Milestone (Cu-Ni-Co) project consists of 28 contiguous, unpatented claim units covering 615 ha within the Temagami greenstone belt in Strathcona Township, Ontario. The 1,200-ha Rosegrove Property consists of 19 contiguous mining claims and is situated immediately north of the adjacent Miller Copper-Gold Property.

Key Statistics of Northstar Gold Corp (NSG.CN)

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

Today's Range

CAD0.06CAD0.06

Today's Open

CAD0.06

Volume

131.17K

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.10

Market Cap

6.85M

Avg. Volume

210.40K

Dividend Yield

Financial Metrics & Statements of Northstar Gold Corp (NSG.CN)

FAQ's for Northstar Gold Corp (NSG.CN)

According to Musaffa’s Shariah screening methodology, Northstar Gold Corp (NSG.CN) is currently classified as NOT HALAL as of June 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.