AMAK closes at 2-year peak
Shares of Tadawul-listed Almasane Alkobra Mining Co. (AMAK) closed 2% higher at SAR 68.80 today, Sept. 4, hitting highest price in two years.
The stock recorded an intraday low of SAR 69.40.
| Year High (SAR) | Year Low (SAR) | 
| 69.40 | 48.30 | 
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) | 
| 87.89 | 48.30 | 
Accordingly, the stock’s year-to-date (YTD) gains increased nearly 17%.
Market Data :
| Open | 76.85 | 
| Low | 74.55 | 
| High | 77.50 | 
| Previous Close | 76.85 | 
| Change (3M) | 11.69 % | 
| Change (6M) | 24.79 % | 
| Market Value | 6,795.00 | 
| Avg. Volume (3M) | 299,865.34 | 
| Avg. Turnover (3M) | 21,461,208.09 | 
| Avg. Transaction (3M) | 1,859.33 | 
| Change(12M) | 2.17 % | 
| YTD | 11.85 % | 
AMAK made one change to its capital since its debut in 2022, as shown below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) | 
| 2023 | Split | 900.00 | 36.36% | 
| 2022 | IPO | 660.00 | 17.17% | 
Financial Performance :
Overview :
Established in 2008 as a closed Saudi joint-stock company in Jeddah with capital of SAR 450 million under Commercial Register No. 4030175345, the company was founded with the objective of producing zinc and copper concentrates, as well as silver and gold bars. In 2014, the company relocated its headquarters to Najran under Commercial Register No. 5950017523. Subsequently, in 2022, the company was converted into a public joint-stock company.
The company's core business focuses on the product...
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        Financial Ratios :
| Financial Ratio | Current | 
| Market Cap (M Riyal) | 6,795.01 | 
| Shares Outstanding ((M)) | 90.00 | 
| EPS ( ) (TTM) | 2.79 | 
| Book Value (BV) ( Riyal) (Latest announcement) | 13.95 | 
| Recurring P/E | 27.09 | 
| Price/book | 5.41 | 
| Dividend Yield (%) (Last Year) | 2.75 | 
| Return on Average Assets (%) (TTM) | 16.12 | 
| Return on Average Equity (%) (TTM) | 20.30 | 
| Par Value ( Riyal) | 10.00 | 
| Enterprise Value (EV) (M Riyal) | 6,900.58 | 
| EV/adj EBITDA | - | 
| EV/Revenues | 7.07 | 
Calendar :
- 
                30 September
                
 Ex-dividend Date
 -
- 
                20 October
                
 Cash Dividend Distribution
 -
- 
                26 December
                
 General Assembly
 -
- 
                10 March
                
 Ex-dividend Date
 -
- 
                23 March
                
 Cash Dividend Distribution
 -
- 
                08 May
                
 General Assembly
 -
    
        
            
        
            
                
            
                
        
        
        
            
                
        
        
    
    
    
    
    
    
        
        
    
            
        
    Analyst Estimates :
62.7
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Neutral | Al Rajhi Capital | 63.00 | 62.70 | (0.48 %) | 
        Call Request
    
 
                                            
                                            
                                            
                                            
                                             
                
             
        
     
                     
                 
                     
                         
                 
                
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