Maaden shares hit lifetime high

25/07/2021 Argaam Special

Maaden building


Shares of Saudi Arabian Mining Co. (Maaden) hit their highest since debut at SAR 67.90, today, July 25.

 

The stock closed 5% higher at SAR 67.50, with nearly 1.5 million shares exchanged.

 

Accordingly, the stock gained around 70% since the beginning of 2021.

 

The company was established in 1997 and listed on Tadawul on July 28, 2008.

 

Maaden practices different types of mining activities.

 

Maaden Stock Performance

Annual High (SAR)

67.90

Today, July 25, 2021

Annual Low (SAR)

35.60

July 26, 2020

Historical High (SAR)

67.90

Today, July 25, 2021

 Historical Low (SAR)

9.15

January 20, 2009

Highest Traded Volume (mln shares)

331.05

July 28, 2008 (Debut Date)

 

The following table shows the most important financial indicators of the company:

 

Key Financial Indicators

EPS (Last 12 months) (SAR)

0.74

Operating P/E (Last 12 months) (x)

More than 50

Book Value (SAR)

25.22

P/B Ratio (x)

2.68

 

The company increased its capital twice to reach SAR 12.3 billion, as shown in the following table: 

 

Capital Amendments (SAR mln)

Date

Method of Increase

Old Capital

New Capital

Variation (%)

2019

Debt Transfer

11684.8

12305.9

+5%

2014

Rights Issue

9250.0

11684.8

+26%

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