AMAK hits highest price since April 2022
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 is trading up 1%.
| Year High (SAR) | Year Low (SAR) |
| 84.15 | 46.80 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 87.89 | 46.80 |
Earlier today, the company announced the signing of an agreement with Saudi Arabian Mining Co. (Maaden) to exchange several exploration licenses.
The stock is up more than 20% year-to-date.
Market Data :
| Open | 83.00 |
| Low | 82.25 |
| High | 84.15 |
| Previous Close | 82.45 |
| Change (3M) | 25.02 % |
| Change (6M) | 38.34 % |
| Market Value | 7,569.00 |
| Avg. Volume (3M) | 371,252.42 |
| Avg. Turnover (3M) | 28,004,798.58 |
| Avg. Transaction (3M) | 2,205.39 |
| Change(12M) | 14.99 % |
| YTD | 22.15 % |
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...
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) | 7,560.01 |
| Shares Outstanding ((M)) | 90.00 |
| EPS ( ) (TTM) | 2.79 |
| Book Value (BV) ( Riyal) (Latest announcement) | 13.95 |
| Recurring P/E | 30.14 |
| Price/book | 6.02 |
| Dividend Yield (%) (Last Year) | 2.47 |
| Return on Average Assets (%) (TTM) | 16.16 |
| Return on Average Equity (%) (TTM) | 20.30 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 7,538.79 |
| EV/adj EBITDA | 13.40 |
| EV/Revenues | 7.72 |
No upcoming events available
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 % |
Call Request
Comments Analysis: