-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Maaden finishes at highest price since listing
21/09/2025
Argaam Exclusive
AI Summary
Content Summary:
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
Shares of Saudi Arabian Mining Co. (Maaden) rose 2% today, Sept. 21, to close at the highest price since listing at SAR 58 per share.
CEO Robert Wilt recently said the company is pursuing a growth plan with new targets, including doubling gold output by 2030 and building a rare metals supply chain.
| Year High (SAR) | Year Low (SAR) |
| 58.00 | 37.85 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 58.00 | 3.30 |
With today's increase, the stock's year-to-date gains reached 15%.
Market Data :
| Open | 57.00 |
| Low | 57.00 |
| High | 58.00 |
| Previous Close | 56.75 |
| Change (3M) | 20.33 % |
| Change (6M) | 27.47 % |
| Market Value | 225,548.08 |
| Avg. Volume (3M) | 1,645,099.70 |
| Avg. Turnover (3M) | 87,829,727.50 |
| Avg. Transaction (3M) | 4,597.29 |
| Change(12M) | 38.42 % |
| YTD | 15.31 % |
Maaden made several changes to its capital since listing in 2008, as indicated below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Private Offering | 38,887.63 | 2.26% |
| 2024 | Private Offering | 38,027.86 | 3.01% |
| 2023 | Split | 36,917.73 | 50.00% |
| 2022 | Split | 24,611.82 | 100.00% |
| 2019 | Private Offering | 12,305.91 | 5.32% |
| 2014 | Right Issue | 11,684.78 | 26.32% |
| 2008 | IPO | 9,250.00 | 100.00% |
Financial Performance :
Overview :
Maaden was formed by Royal Decree in 1997 as a state-owned company to facilitate the development of Saudi Arabia's mineral resources. In 2008, the company listed 50 percent of its shares on the Saudi Stock Exchange (Tadawul).
The company conducts its business through three divisions: Phosphates, Aluminum and Precious Metals, and Base Metals.
Its activities are focused on gold mining from several mines throughout Saudi Arabia; i.e. Mahd Ad Dahab, Bulghah, Sukhaybarat, Al Amar, As-Suq and Ad...
Follow us on
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 225,548.31 |
| Shares Outstanding ((M)) | 3,888.76 |
| EPS ( ) (TTM) | 1.13 |
| Book Value (BV) ( Riyal) (Latest announcement) | 15.09 |
| Recurring P/E | 39.99 |
| Price/book | 3.93 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | 3.80 |
| Return on Average Equity (%) (TTM) | 8.21 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 255,232.78 |
| EV/adj EBITDA | 18.94 |
| EV/Revenues | 7.10 |
No upcoming events available
Analyst Estimates :
50.74
Fair Average Price
13
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | HSBC | 56.30 | 60.00 | 6.57 % | |
| Neutral | AlJazira Capital | 51.45 | 50.60 | (1.65 %) | |
| Neutral | JP Morgan | 55.00 | 52.40 | (4.73 %) | |
| Sell | AlphaMena | 52.25 | 38.10 | (27.08 %) | |
| Hold | SFC | 52.85 | 50.00 | (5.39 %) | |
| Neutral | Goldman Sachs | 53.65 | 53.70 | 0.09 % | |
| Under Review | U-Capital | 52.00 | - | ||
| Buy | Riyad Capital | 52.90 | 65.00 | 22.87 % | |
| Buy | HSBC | 52.30 | 59.00 | 12.81 % | |
| Neutral | Goldman Sachs | 54.70 | 53.10 | (2.93 %) | |
| Sell | Sico | 53.25 | 42.00 | (21.13 %) | |
| Neutral | Goldman Sachs | 53.25 | 53.10 | (0.28 %) | |
| Sell | AlphaMena | 53.60 | 31.90 | (40.49 %) |
Call Request
Comments Analysis: