NewOrigin Gold Corp. engages in the acquisition and exploration of mineral properties. The company is headquartered in Toronto, Ontario. The firm holds a 100% interest in the Sky Lake, North Abitibi, and South Abitibi projects. The Sky Lake gold project is located 35 kilometers (km) southwest of Pickle Lake in northwestern Ontario. The project consists of about 446 single cell mining claims covering an area of approximately 87.6 square kilometers (km2) and 29 patented mining claims (the Koval Claims). The North Abitibi is a gold exploration project located approximately 150 km north of Kirkland Lake, Ontario, in the Abitibi greenstone belt. The property consists of 196 single cell and 21 boundary cell mineral claims. The South Abitibi Project is located approximately 15 km southwest of the Cobalt Mining District in the Temagami-Cobalt region of the Abitibi greenstone belt and comprises 195 single cell mineral claims. The firm is a wholly owned subsidiary of Harfang Exploration Inc.
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As of August 2026, NewOrigin Gold Corp TROIF is classified as not covered 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 NewOrigin Gold Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in NewOrigin 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 NewOrigin 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 NewOrigin 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 NewOrigin Gold Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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