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 63.10
Market Cap: SAR 15.53B
52 Weeks High: SAR 86.60
52 Weeks Low: SAR 45.10
Shares Outstanding: 0.25B
Float: 403,8M
Fiscal year end: December

(Millions of Saudi Riyals) 2021 2022
Total Revenues 26,769 40,277
Gross Profit 9,155 16,249
Net Profit 6,481 12,129
Net Profit per common share (SAR) 2.12 3.79
Total assets 103,338 111,586
Total liabilities 59,369 55,546
Total equity 43,969 56,040
Cash and cash equivalents at the end of period 7,958 6,129

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