Is Nexus Gold Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Nexus Gold Corp (NXS.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 Nexus 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 Nexus Gold Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Nexus Gold Corp?

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

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

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

Can a halal stock like Nexus 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 Nexus Gold Corp?

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

NXS.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 18, 2025

Report Source: 2026 1st Quarter Report

Nexus Gold Corp. Stock Analysis NXS.V

Canada N/A Nano Cap Report: Q1, 2026

Nexus Gold Corp. operates as a mineral exploration company which engages in sourcing and exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2009-11-09. The Company’s principal business activity is the sourcing and exploration of mineral properties. Its West African-based portfolio totals over 9,000 hectares of land located on active gold belts and proven mineralized trends. Its properties include Bouboulou Property, Rakounga Gold Property, Dakouli II Property, Manzour Dayere Property, and Nianguela Property. Bouboulou Property is located in Burkina Faso, West Africa. Bouboulou Property concession features approximately five drill-tested zones of gold mineralization, named Koala, Rawema, Bouboulou 1, Bouboulou 2 and Pelatanga. The 250 square kilometer Rakounga Gold property is contiguous to the Company's Bouboulou gold concession, which is located in Burkina Faso, West Africa. Dakouli II Property is an approximately 93 square kilometer concession adjacent to the Niangouela concession, bisected by the Sabce shear zone.

Key Statistics of Nexus Gold Corp (NXS.V)

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

Today's Range

CAD0.18CAD0.21

Today's Open

CAD0.21

Volume

10.00K

P/E Ratio (TTM)

52 Week Range

CAD0.12CAD0.62

Market Cap

4.92M

Avg. Volume

26.56K

Dividend Yield

Financial Metrics & Statements of Nexus Gold Corp (NXS.V)

FAQ's for Nexus Gold Corp (NXS.V)

According to Musaffa’s Shariah screening methodology, Nexus Gold Corp (NXS.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.