Exchange: Saudi Exchange Symbol: 1211 ISIN: SA123GA0ITH7 Industry: Industrial Investment

Saudi Arabian Mining Company (Ma’aden)

Ma'aden is a leading mining and metals company in the Kingdom of Saudi Arabia, with a diverse portfolio of mineral assets at various stages of development including: exploration, development and production. Ma'aden has a broad commodity focus spanning gold, zinc, phosphate, aluminum, and industrial minerals, it is continually assessing opportunities to enter into new commodities that demonstrate strong long-term fundamentals and opportunities for growth, in line with our strategy.

Financial Highlights

Ticker: 1211
Previous Close: SAR 72.70
Market Cap: SAR 17.89B
52 Weeks High: SAR 80.30
52 Weeks Low: SAR 34.20
Shares Outstanding: 0.25B
Float: 403,8M
Fiscal year end: December

(Millions of Saudi Riyals) 2020 2021
Total Revenues 18,580 26,769
Gross Profit 2,567 9,155
Net Profit -847 6,481
Net Profit per common share (SAR) -0.17 4.25
Total assets 96,737 103,338
Total liabilities 59,437 59,369
Total equity 37,300 43,969
Cash and cash equivalents at the end of period 4,111 7,958

Selected Financial Information

Our Strategy

Ma’aden’s Strategy aligned to Vision 2030

  • Focus on cost and productivity
  • Operational, capital and commercial excellence
  • Profitability and returns in line with international peers
  • Best-in-class capabilities and technology
  • Leadership in sustainability, health, safety and environment
  • Grow in Saudi fertilizers, aluminum, gold and base metals
  • Grow in Saudi selected industrial minerals
  • Champion the development of the Saudi mining sector
  • Leverage world class selected KSA deposits to be a world leader
  • Grow globally in selected commodities

Company Contact

P.O. Box 68861 Riyadh 11537
Phone: +966 (1) 874-8123
Fax: +966 (011) 874-8300