21/09/2025 Argaam Exclusive
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.
Year High (SAR) | Year Low (SAR) |
58.00 | 37.85 |
Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
58.00 | 3.30 |
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:
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 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 |
Fair Average Price
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 %) |
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