AMAK notches highest close since May 2022
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 | 77.00 |
| Low | 75.45 |
| High | 81.65 |
| Previous Close | 74.25 |
| Change (3M) | 28.21 % |
| Change (6M) | 38.89 % |
| Market Value | 7,200.00 |
| Avg. Volume (3M) | 353,380.26 |
| Avg. Turnover (3M) | 26,016,198.46 |
| Avg. Transaction (3M) | 2,130.54 |
| Change(12M) | 15.27 % |
| YTD | 18.52 % |
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...
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) | 7,200.01 |
| Shares Outstanding ((M)) | 90.00 |
| EPS ( ) (TTM) | 2.79 |
| Book Value (BV) ( Riyal) (Latest announcement) | 13.95 |
| Recurring P/E | 28.70 |
| Price/book | 5.74 |
| Dividend Yield (%) (Last Year) | 2.60 |
| Return on Average Assets (%) (TTM) | 16.16 |
| Return on Average Equity (%) (TTM) | 20.30 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 7,178.79 |
| EV/adj EBITDA | 12.76 |
| EV/Revenues | 7.35 |
No upcoming events available
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 % |
Call Request
Comments Analysis: