AMAK notches highest close since May 2022

25/11/2025 Argaam Exclusive

Almasane Alkobra Mining Co. (AMAK) closed today, Nov. 25, 8% up at SAR 80, its highest level since May 2022. 

 

The stock hit an intraday high of SAR 81.65.
 
The company announced today, Nov. 25, that it discovered potentially economically viable mineral resources containing copper, zinc, gold, and silver in the Najran region.
Year High (SAR) Year Low (SAR)
81.65 46.80
Highest Since Debut (SAR) Lowest Since Debut (SAR)
87.89 46.80

Market Data :

Open 108.50
Low 106.10
High 108.60
Previous Close 108.40
Change (3M) 41.90 %
Change (6M) 55.97 %
Market Value 9,693.00
Avg. Volume (3M) 417,912.55
Avg. Turnover (3M) 36,690,466.03
Avg. Transaction (3M) 2,664.47
Change(12M) 71.77 %
YTD 22.39 %

AMAK adjusted its capital since listing on TASI in March 2022.

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...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 9,693.01
Shares Outstanding ((M)) 90.00
EPS ( Riyal) (TTM) 2.79
Book Value (BV) ( Riyal) (Latest announcement) 13.95
Recurring P/E 38.64
Price/book 7.72
Dividend Yield (%) (Last Year) 1.93
Return on Average Assets (%) (TTM) 16.16
Return on Average Equity (%) (TTM) 20.30
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 9,671.79
EV/adj EBITDA 17.19
EV/Revenues 9.91


Analyst Estimates :

82

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight GIB Capital 72.70 82.00 12.79 %

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