Saudi Arabian Mining Company (Ma'aden)

1211

SA123GA0ITH7

Diversified Mining

Delayed Saudi Arabian S.E. Other stock markets 04:01:18 2024-05-14 am EDT			5-day change	1st Jan Change
50.9 ^SAR	+0.79%		+2.62%	+4.84%

05:24am	Saudi Mining Group Ma'aden Logs Higher Q1 Profit; Revenue Slumps	MT
May. 06	Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows	RE

Saudi Arabian Mining Company (Ma'aden) Reports Earnings Results for the Full Year Ended December 31, 2022

February 11, 2023

Saudi Arabian Mining Company (Ma'aden) reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was SAR 40,277.12 million compared to SAR 26,769.01 million a year ago. Net income was SAR 9,319.05 million compared to SAR 5,227.7 million a year ago.

Basic earnings per share from continuing operations was SAR 2.5267 compared to SAR 1.4133 a year ago.

Latest news about Saudi Arabian Mining Company (Ma'aden)

Saudi Mining Group Ma'aden Logs Higher Q1 Profit; Revenue Slumps	11:24pm	MT
Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows	May. 06	RE
Ma’aden JV Finalizes Purchase of Minority Stake in Vale Base Metals	May. 01	MT
Vale concludes sale of 10% of base metals unit to Manara Minerals	Apr. 30	RE
Correction: Ma’aden Boosts Stake in Ma’aden Wa’ad Al Shamal Phosphate in SAR5.62 Billion Deal	Apr. 30	MT
Ma’aden to Acquire Minority Stake in Ma’aden Wa’ad Al Shamal Phosphate for SAR5.62 Billion	Apr. 30	MT
Mosaic to sell stake in Saudi JV to Ma'aden for $1.5 billion in stock	Apr. 30	RE
Saudi Arabian Mining Company (Ma'aden) has entered into an agreement to acquire 25% stake in Maaden Waad Al Shamal Phosphate Company from Mosaic Phosphate B.V. for $1.5 billion.	Apr. 29	CI
Saudi Arabia set on securing lithium for EV ambitions	Apr. 28	RE
Ma’aden Reports Reformation of Audit Committee	Apr. 21	MT
Saudi Arabian Mining Company (Ma'aden) Announces the Reformation of the Audit Committee	Apr. 21	CI
Rio Tinto, Saudi’s Manara Said to Eye Minority Stake in Zambian Copper Mines	Apr. 18	MT
Ma’aden Single Stock Options to Launch on Saudi Exchange	Apr. 18	MT
Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Complete First Full Quarter of Exploration Activities in Saudi Arabia	Apr. 11	CI
Ma’aden JV Still Awaits Regulatory Nod for Vale Base Metals Deal	Mar. 19	MT
Saudi Arabian Mining Company (Ma'aden) Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 03	CI
Western miners lag as oil powers enter race for Africa's critical metals	Feb. 02	RE
Investor group turns up heat on mining tailings dam laggards	Jan. 23	RE
Investor group turns up heat on mining tailings dam laggards	Jan. 23	RE
Ma'aden and GlassPoint Unveil Plans to Build Solar Thermal Technology Showcase	Jan. 11	CI
Ivanhoe Electric Inc. and Saudi Arabian Mining Company (Ma'aden) Receives Initial Results from the First Typhoontm Survey in Saudi Arabia	Jan. 09	CI
Saudi Arabia ups mineral resource estimates to $2.5 trillion -minister	Jan. 09	RE
Saudi Arabia's regional headquarters requirement goes into effect with exceptions	Jan. 01	RE
Saudi investment minister meets Chinese commerce and industry chiefs	Dec. 10	RE
Brazilian meatpacker JBS mulls more investments in Saudi Arabia	Nov. 29	RE

Chart Saudi Arabian Mining Company (Ma'aden)

Duration

Period

Chart Saudi Arabian Mining Company (Ma'aden)

More charts

Company Profile

Saudi Arabian Mining Co SJSC is a Saudi Arabia-based company, which is engaged in the mining sector. The Companyâs principal mining activities are at the Mahd Adâ Dahab, Al-Hajar, Bulghah, Al-Amar, Sukhaybarat, As Suq, Al Jalamid, Az Zabirah, Al-Ghazallah and Al Baitha mines. The Company mainly mines gold, phosphate rock, bauxite, low-grade bauxite, kaolin and magnesite. The Company operates under the following business segments: Phosphate Strategic Business Unit Segment, Aluminum Strategic Business Unit Segment, Precious and Base Metals Strategic Business Unit Segment and Corporate. The Companyâs subsidiaries are: Maaden Bauxite and Alumina Co LLC, Maaden Gold and Base Metals Co LLC and Maaden Phosphate Co, among others.

Sector

Diversified Mining

Calendar

2024-10-28 - Q3 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Saudi Arabian Mining Company (Ma'aden)

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

50.5 SAR

Average target price

34.46 SAR

Spread / Average Target

-31.76%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Integrated Mining

	1st Jan change	Capi.
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+4.84%	49.72B
BHP GROUP LIMITED	-14.40%	145B
RIO TINTO PLC	-5.53%	119B
GLENCORE PLC	+1.26%	72.52B
GRUPO MÉXICO, S.A.B. DE C.V.	+8.99%	48.1B
ANGLO AMERICAN PLC	+36.15%	41.21B
TECK RESOURCES LIMITED	+25.51%	26.67B
HINDUSTAN ZINC LIMITED	+82.23%	29.29B
IVANHOE MINES LTD.	+53.46%	18.3B
VEDANTA LIMITED	+69.21%	18.41B

Integrated Mining