AMAK hits highest price since April 2022

09/12/2025 Argaam Exclusive

Shares of Al Masane Al Kobra Mining Co. (AMAK) hit their highest level since April 2022, reaching SAR 84 apiece today, Dec. 9.

The stock closed at an all-time high at SAR 84.15.

 

Earlier today, the company announced the signing of an agreement with Saudi Arabian Mining Co. (Maaden) to exchange several exploration licenses.

Year High (SAR) Year Low (SAR)
84.15 46.80
Highest Since Debut (SAR) Lowest Since Debut (SAR)
87.89 46.80

The stock is up more than 20% year-to-date.

Market Data :

Open 106.70
Low 102.90
High 107.70
Previous Close 103.10
Change (3M) 40.41 %
Change (6M) 61.46 %
Market Value 9,351.00
Avg. Volume (3M) 490,322.14
Avg. Turnover (3M) 45,064,051.48
Avg. Transaction (3M) 3,043.58
Change(12M) 63.36 %
YTD 18.07 %

AMAK has made one capital adjustment through a bonus share distribution in 2023 since its March 2022 listing.

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) 9,351.01
Shares Outstanding ((M)) 90.00
EPS ( Riyal) (TTM) 2.79
Book Value (BV) ( Riyal) (Latest announcement) 13.95
Recurring P/E 37.28
Price/book 7.45
Dividend Yield (%) (Last Year) 2.00
Return on Average Assets (%) (TTM) 16.16
Return on Average Equity (%) (TTM) 20.30
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 9,329.79
EV/adj EBITDA 16.59
EV/Revenues 9.56


Analyst Estimates :

80

Fair Average Price

2

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Al Rajhi Capital 79.00 78.00 (1.27 %)
Overweight GIB Capital 72.70 82.00 12.79 %

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