Maaden shares close all-time high

07/09/2021 Argaam Special

Logo of Saudi Arabian Mining Co.


Shares of Saudi Arabian Mining Co. (Maaden) rose today, Sept. 7, over 3% to SAR 75.80, recording the highest closing since listing, amid trading of nearly 1.3 million shares.

 

Accordingly, the stock saw a year-to-date increase of 90%.

 

Established in 1997, Maaden was listed on the Saudi Stock Exchange (Tadawul) on July 28, 2008.

 

The company engages in various mining activities related to all stages of mining industry

 

 

Maaden Stock Performance

Annual High (SAR)

76.40

Aug. 12, 2021

Annual Low (SAR)

37.00

Oct. 29, 2020

Historical High (SAR)

76.40

Aug. 12, 2021

Historical High (Closing) (SAR)

75.80

Today, Sept. 7, 2021

Historical Low (SAR)

9.15

Jan. 20, 2009

Highest Trading Volume (mln shares)

331.05

July 28, 2008 (First day of listing)

 

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

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

1.99

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

38.17

Book Value (SAR)

25.22

P/B Ratio (x)

2.90

 

The company amended its capital twice to reach the current capital of SAR 12.3 billion.

 

Capital Amendments (SAR mln)

Date

Method

Previous Capital

New Capital

Variation

2019

Debt transfer

11,684.8

12,305.9

5%

2014

Rights issue

9,250.0

11,684.8

26%

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