Saudi Arabian Mining Company (Ma'aden) (TADAWUL: 1211)

Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
48.70
-0.40 (-0.81%)
Jan 30, 2025, 3:19 PM AST
2.10%
Market Cap 184.87B
Revenue (ttm) 30.61B
Net Income (ttm) 3.87B
Shares Out 3.80B
EPS (ttm) 1.05
PE Ratio 46.45
Forward PE 31.80
Dividend n/a
Ex-Dividend Date n/a
Volume 683,613
Average Volume 2,089,076
Open 49.00
Previous Close 49.10
Day's Range 48.70 - 49.10
52-Week Range 39.00 - 57.40
Beta 0.52
RSI 46.23
Earnings Date Feb 25, 2025

About Saudi Arabian Mining Company (Ma'aden)

Saudi Arabian Mining Company (Ma'aden), together with its subsidiaries, operates as a mining and metals company in the Kingdom of Saudi Arabia, Indian Subcontinent, Japan, the United States, Europe, Australia, Brazil, Africa, GCC, and internationally. The company operates Phosphate Strategic Business Unit, Aluminium Strategic Business Unit, Base Metals and New Minerals Strategic Business Unit, and All other segments. It primarily mines for gold, phosphate rock, bauxite, kaolin, and magnesite, as well as copper, zinc, and silver concentrates. Th... [Read more]

Industry Industrial Materials
Sector Materials
Founded 1997
Country Saudi Arabia
Stock Exchange Saudi Stock Exchange
Ticker Symbol 1211
Full Company Profile

Financial Performance

In 2023, Saudi Arabian Mining Company (Ma'aden)'s revenue was 29.27 billion, a decrease of -27.32% compared to the previous year's 40.28 billion. Earnings were 1.58 billion, a decrease of -83.07%.

Financial Statements

News

Top Saudi Miner Maaden Considers Bond Sale to Fund Expansion

Saudi Arabia’s largest mining company is considering an international bond sale this year to help fund a more than $12 billion investment program through to the end of the decade.

16 days ago - Financial Post

Mosaic Co Completes Strategic Transaction with Ma'aden

Mosaic Co Completes Strategic Transaction with Ma'aden

4 weeks ago - GuruFocus

Maaden says Alba merger deadline extended to Q2 2025

Under the draft terms, Maaden would transfer its subsidiaries, Maaden Aluminium Company and Maaden Bauxite and Alumina Company to Alba in exchange for newly issued Alba shares

5 weeks ago - Zawya

Saudis Maaden to increase share capital to $10.1bln

The capital increase will allow Maaden to acquire a 100% stake in MWSPC

7 weeks ago - Zawya

Angola removes sanctioned Alrosa from its diamond mines ahead of US visit

Russian state company’s 41% stake was sold to an Omani-backed investment fund Maaden

2 months ago - Financial Times

KPMGs 2024 Global Metals and Mining outlook reveals industrys focus on decarbonization, technology, and managing volatility

With input from over 450 C-level executives, including Bob Wilt, Chief Executive Officer of Maaden, Saudi Arabias national mining company

2 months ago - Zawya

Saudi Arabia in advanced talks over Zambia copper mine stake, Ma'aden CEO says

We are looking at Zambia, we are talking with a company there, with a mine there, so those are pretty advanced stage discussions: CEO

3 months ago - Zawya

Saudi Arabia Targeting Billions In Zambian Assets, Despite Persistent Infrastructure Troubles

Manara Minerals , a joint venture between Saudi Arabia's Public Investment Fund (PIF) and Ma'aden (Saudi Arabian Mining Co), is nearing a deal to purchase a 15% to 20% stake in First Quantum Minerals ...

3 months ago - Benzinga

Bahrain aluminium maker Alba to consider cross-listing in Saudi Arabia

The listing discussion is part of the non-binding agreement with Maaden

4 months ago - Zawya

Saudi’s Maaden in Talks to Sell Aluminum Units to Bahrain’s Alba

Aluminum supplier Saudi Arabian Mining Co., which just signed a deal with Alcoa Corp., is pursuing another transaction to swap two subsidiaries for shares in a Bahrain-based rival.

4 months ago - BNN Bloomberg

Alcoa jumps with aluminum prices after India alumina refinery disruption

Alcoa (AA) surges alongside aluminum prices following Vedanta refinery collapse in India and saying it was selling its 25.1% stake in Saudi Arabia's Ma'aden for $1.1B.

4 months ago - Seeking Alpha

Saudi Arabia's Ma'aden, Alba ink non-binding deal to form global aluminium powerhouse

Ma'aden agreed to buy shares in Alba in exchange for the entire share capital of two of its subsidiaries - Ma'aden Aluminium and Ma'aden Bauxite and Alumina

4 months ago - Zawya

Alba, Maaden mull merger of aluminium business units

Alba's Board of Directors approved the agreement during its meeting on Monday

4 months ago - Zawya

Alcoa Pockets $1.1B From Saudi Joint Venture Sale: Details

Alcoa Corporation (NYSE: AA) shares are trading higher after it entered a binding agreement with Saudi Arabian Mining Company (Ma’aden) to sell its 25.1% ownership in the Ma’aden Joint Venture for ar...

4 months ago - Benzinga

Alcoa To Exit 25.1% Stake In Ma'aden JV For $1.1 Billion

Alcoa plans to sell its 25.1% stake in its joint venture with Ma'aden to the Saudi Arabian company, Ma'aden.

4 months ago - IBTimes

Alcoa to Get $1.1 Billion for Stakes in Saudi Aluminum Plants

Alcoa Corp. will receive $1.1 billion in cash and stock in Saudi Arabian Mining Co. as part of a deal that will involve the Pittsburgh-based firm selling its stake in two metals plants in northern Sau...

4 months ago - BNN Bloomberg

Alcoa to sell its 25.1% stake in Saudi's Maaden joint venture for $1.1bln

Alcoa said it would hold its Ma'aden shares for a minimum of three years

4 months ago - Zawya