Magna Mining Inc

NICU.CA

$0.56

Closing

▼-1.28%

1D

▲37.50%

YTD

Market cap

$91.83M

52 week high

$0.71

52 week low

$0.27

Volume

341,429

Check if the stock is halal

Unlock Industry-grade Shariah Compliance for global stocks. See results from 5 major Shariah standards: AAOIFI, S&P, DJIM, FTSE and MSCI.

We provide unparalleled value and service.
Screened by AAOIFI Certified Shariah Advisor & Auditor.

Get started from just $3.99/month

Market cap

$91.83M

Analysts' Rating

BUY

Price Target (Mean)

1.078838174

Total Analysts

0

P/E

Operating Margin

0.00%

Beta

Revenue Growth (Annual)

-

52 week high

$0.71

52 week low

$0.27

Div. Yield

%

EPS Annual Growth

0.00

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Magna Mining Inc. is an exploration and development company. It is focused on nickel, copper, and platinum group minerals (PGM) projects in the Sudbury Region of Ontario, Canada. Its projects include Shakespeare project, Crean Hill Project, P-4 project, and the Shining Tree Project. The Shakespeare Project is comprised of approximately 29 patented claims, 3 leased claims and 787 mining claims within Dunlop, Porter, Shakespeare, Hyman and Baldwin Townships, and covers an area of 18,074.94 ha. The Crean Hill Project is located in Denison Township within the City of Greater Sudbury, Ontario, Canada, approximately 30km southwest of downtown Sudbury. The Crean Hill Property consists of approximately 255.9 hectares. The Shining Tree Nickel Project is located in Fawcett Township, 110 km north of Sudbury, Ontario and consists of certain claims covering an area of approximately 1,600 acres. The P-4 Project is located in Porter Township, approximately 5 km North East of the Shakespeare Mine.