Is Quebec Precious Metals Corporation halal to invest in?

According to Musaffa's Shariah screening methodology, Quebec Precious Metals Corporation (QPM.V) is currently classified as NOT HALAL as of November 2024. 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 Quebec Precious Metals Corporation 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 Quebec Precious Metals Corporation using these criteria to determine its compliance status.

Can Muslims buy shares of Quebec Precious Metals Corporation?

Muslim investors may consider investing in Quebec Precious Metals Corporation 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 Quebec Precious Metals Corporation classified as NOT HALAL?

Musaffa determines the Shariah status of Quebec Precious Metals Corporation 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 Quebec Precious Metals Corporation updated?

The Shariah compliance status of Quebec Precious Metals Corporation may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Quebec Precious Metals Corporation 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 Quebec Precious Metals Corporation?

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

QPM.V Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: November 05, 2024

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Quebec Precious Metals Corporation (QPM.V)

Based on 9 analysts giving stock ratings to Quebec Precious Metals Corporation in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Quebec Precious Metals Corporation. Stock Analysis QPM.V

Canada Materials Nano Cap Report: Q2, 2025

Quebec Precious Metals Corp. is a gold exploration company. The company is headquartered in Montreal, Quebec. The firm focuses on advancing its Sakami gold project and its newly discovered, drill-ready Ninaaskuwin lithium showing on the Elmer East project. In addition, the Company holds a 68% interest in the Kipawa rare earths project located near Temiscaming, Quebec. The Sakami project consists of one large contiguous block of 281 mineral claims and includes the contiguous claims, which are located 90 km northwest of the Eleonore mine, 570 km north of Val-d'Or and 900 km northwest of Montreal. The Cheechoo-Eleonore Trend project lies about 24 km northwest of the Eleonore mine. The Elmer East project consists of 929 claims, which is located along a trend from the recent Patwon Prospect gold discovery made by Azimut Exploration Inc. The company also holds interest in the Matheson Joint Venture project.

Key Statistics of Quebec Precious Metals Corporation (QPM.V)

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

Today's Range

CAD0.04CAD0.04

Today's Open

CAD0.04

Volume

1.09M

P/E Ratio (TTM)

52 Week Range

CAD0.03CAD0.04

Market Cap

3.63M

Avg. Volume

483.70K

Dividend Yield

Financial Metrics & Statements of Quebec Precious Metals Corporation (QPM.V)

FAQ's for Quebec Precious Metals Corporation (QPM.V)

According to Musaffa’s Shariah screening methodology, Quebec Precious Metals Corporation (QPM.V) is currently classified as NOT HALAL as of November 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.