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NIO – Niocan Inc

Not Compliant

—X—

Niocan Inc is not compliant with Shariah. The company’s financials fail all the five standards we check against.

$4,423,384

Market cap

128.51%

Revenue Growth

-

Analysts' Rating

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N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Niocan Inc. is a Canada-based exploration and development company, which is focused on becoming a ferroniobium producer. The Company is in a development stage and has mineral exploration and development properties in the province of Quebec. It holds a niobium property in Oka, Quebec and other exploration properties in the Province of Quebec. The Company’s Oka mining property consists of mining rights comprising of 49 claims covering approximately 2,281 acres. The Oka project involves the development of a mining complex based on an underground mine, a concentrator and a converter to produce ferroniobium. The Company’s Great Whale property consists of surface and mining rights covering approximately 24,944 acres on the Hudson Bay territory. The Great Whale property has three mineral prospects of magnetite ore, located near the Great Whale River.

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