Download PDF
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 49.55
Market Cap: SAR 182,927.37M
52 Weeks High: SAR 57.40
52 Weeks Low: SAR 37.85
Shares Outstanding: 3,691.77M
Float: 403.8M
Fiscal year end: December

(Millions of Saudi Riyals) 2023 2024
Total Revenues 29,272 32,546
Gross Profit 6,914 9,244
Net Profit 1,698 4,134
Net Profit per common share (SAR) 0.43 0.78
Total assets 111,874 115,089
Total liabilities 55,058 54,933
Total equity 56,815 60,156
Cash and cash equivalents at the end of year 10,301 15,215

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
invest@maaden.com.sa
www.maaden.com.sa