Nexus Gold Corp NXSGD
$0.16
Last Updated: Oct 21, 12:00 AM·OOTC
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NXSGD Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Nexus Gold Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nexus Gold Corp. Stock Analysis NXSGD
United States N/A Nano Cap 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.
Nexus Gold Corp (NXSGD) Chart
Financial Metrics & Statements of Nexus Gold Corp (NXSGD)
FAQ's for Nexus Gold Corp (NXSGD)
- As of August 2026, Nexus Gold Corp NXSGD 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 Nexus Gold Corp using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Nexus Gold Corp 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 Nexus Gold Corp 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 Nexus Gold Corp (NXSGD)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
