Is Supernova Metals Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Supernova Metals Corp (SUPR.CN) is currently classified as 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 Supernova Metals 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 Supernova Metals Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Supernova Metals Corp?

Muslim investors may consider investing in Supernova Metals 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 Supernova Metals Corp classified as HALAL?

Musaffa determines the Shariah status of Supernova Metals 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 Supernova Metals Corp updated?

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

Can a halal stock like Supernova Metals 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 Supernova Metals Corp?

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

SUPR.CN Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 14, 2025

Report Source: 2025 1st Quarter Report

Supernova Metals Corp. Stock Analysis SUPR.CN

Canada Materials Nano Cap Report: Q1, 2025

Supernova Metals Corp. engages in the exploration and evaluation of resource properties and oil production in North America. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2001-05-04. The firm is focused on acquiring and advancing natural resources opportunities within North America. The company holds two licenses in central Labrador covering 825 hectares that are contiguous to the north and west of the Two Tom rare earth element (REE) project. The firm also controls a 12.5% equity interest in Westoil Limited, which itself controls a 70% interest in Petroleum Exploration License (PEL 107), located offshore of Namibia in the Orange Basin.

Key Statistics of Supernova Metals Corp (SUPR.CN)

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

Today's Range

CAD0.18CAD0.19

Today's Open

CAD0.19

Volume

74.13K

P/E Ratio (TTM)

52 Week Range

CAD0.17CAD0.56

Market Cap

15.61M

Avg. Volume

111.72K

Dividend Yield

Financial Metrics & Statements of Supernova Metals Corp (SUPR.CN)

FAQ's for Supernova Metals Corp (SUPR.CN)

According to Musaffa’s Shariah screening methodology, Supernova Metals Corp (SUPR.CN) is currently classified as 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.