New Earth Resources Corp OBRUF
$1.14 $0.01 (0.96%) 1D
Last Updated: Jan 29, 12:00 AM·OOTC
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OBRUF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, New Earth Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
New Earth Resources Corp. Stock Analysis OBRUF
United States N/A Nano Cap New Earth Resources Corp. operates as an uranium company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2022-11-23. The past producing Lucky Boy mine is located in the Dripping Spring Quartzite, a formation within the Apache Group of younger Precambrian age, which is exposed in southeast-central Arizona. The firm has an option to acquire 100% interest in and to the SL Project (the Property). The Property consists of approximately 23 claim units covering 1,101.7 hectares located near Lac Brisson in Nunavik, Quebec, in the Strange Lake complex which is known for rare earths. The Property is located roughly three kilometers southwest of Torngat Metals' Strange Lake project, which has a proposed 59-hectare single-open pit mine that Torngat Metals is seeking to put into production.
New Earth Resources Corp (OBRUF) Chart
Financial Metrics & Statements of New Earth Resources Corp (OBRUF)
FAQ's for New Earth Resources Corp (OBRUF)
- As of August 2026, New Earth Resources Corp OBRUF 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 New Earth Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in New Earth Resources 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 New Earth Resources 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 New Earth Resources 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 New Earth Resources 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 New Earth Resources Corp (OBRUF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
