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Almasane Alkobra Mining Co.

1322
AMAK
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  • Main Market
  • Materials     

Stats Overview

  • Prev. Close 67.20
  • Open 67.00
  • High 68.80
  • Low 66.85
  • No. of Trades 1,410
  • Avg. Trade size* 178
  • Volume Traded 250,946
  • Value Traded (^) 17,153,151.20

Performance

AMAK
1.10 (1.64%)
Compare
Name Price Change %
Almasane Alkobra Mining Co. 67.00 1.64% -
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
68.30
% Change
1.64
Volume Traded
6

Best Bid

Price 68.30
Volume 2,613

Best Offer

Price 68.35
Volume 2,667

52 WEEK

High
75.50
2024/09/29
Low
46.80
2025/04/07
Change**
7.05

PERFORMANCE

Start of Year
66.6
Year ago
63.8
3 Years ago
54.65

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Announcements

  • Almasane Alkobra Mining Co. Announces an update on With reference to the announcement of Almasane Alkobra Mining Company (AMAK) dated 09/03/2025 AD regarding the signing of a Letter of Intent with Power Metal Resources Plc

    1322
    AMAK 1.64 %
    1446/12/19     15/06/2025 08:00:25
  • Almasane Alkobra Mining Co. (AMAK) announces latest developments regarding the awarding of three new Exploration Licenses from the 7th Round of the Ministry of Industry and Mineral Resources Bidding process. Jabal AD Dimah, Jabal Al Klah North and Jabal Al Klah South are base metals and precious metals Exploration Licenses.

    1322
    AMAK 1.64 %
    1446/11/16     14/05/2025 08:03:43
  • Almasane Alkobra Mining Co. Announces the Results of the Ordinary General Assembly Meeting (First Meeting)

    1322
    AMAK 1.64 %
    1446/11/13     11/05/2025 08:02:28
  • Correction announcement from Almasane Alkobra Mining Co. (AMAK) in regard to the Interim Financial Results for the Period Ending 31-03-2025 (Three Months)

    1322
    AMAK 1.64 %
    1446/11/01     29/04/2025 08:01:57
  • Almasane Alkobra Mining Co. (AMAK) announces its Interim Financial Results for the period ending on 31-03-2025 (Three Months).

    1322
    AMAK 1.64 %
    1446/10/30     28/04/2025 15:58:19
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Corporate Actions

Upcoming Events

    Past Events

    • AMAK 1322
      1.64%
      Bonus Shares
      Eligibility Date | 01/08/2023
    Jump To :
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    Dividends

    CompanyProfilev2Financials

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    Financials

    • FINANCIAL INFORMATION
    • FINANCIAL STATEMENTS AND REPORTS
    • Annually
    • Quarterly
    Balance Sheet 2024-12-31 2023-12-31
    Total Assets
    1,499,099
    1,454,214
    - -
    Total Liabilities
    246,969
    233,984
    - -
    Total Shareholders Equity (After Deducting the Minority Equity)
    1,252,130
    1,220,230
    - -
    Total Liabilities and Shareholders Equity
    1,499,099
    1,454,214
    - -
    Statement of Income 2024-12-31 2023-12-31
    Total Revenue (Sales/Operating)
    780,649
    487,895
    - -
    Net Profit (Loss) before Zakat and Tax
    217,623
    60,457
    - -
    Zakat and Income Tax
    -39,724
    -5,874
    - -
    Net Profit (Loss) after Zakat and Tax
    177,899
    54,583
    - -
    Total Comprehensive Income
    178,223
    54,338
    - -
    Profit (Loss) per Share
    2.01
    0.73
    - -
    Cash Flows 2024-12-31 2023-12-31
    Net Cash From Operating Activities
    316,604
    291,185
    - -
    Net Cash From Investing Activities
    -215,185
    -398,406
    - -
    Net Cash From Financing Activities
    -198,343
    -163,231
    - -
    Cash and Cash Equivalents, Beginning of the Period
    110,940
    381,392
    - -
    Cash and Cash Equivalents, End of the Period
    14,016
    110,940
    - -
    All Figures in Thousands Thousands
    All Currency In ^ ^
    Last Update Date 2025-02-24 2024-03-05

    The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

    Balance Sheet 2025-03-31 2024-09-30 2024-06-30 2024-03-31
    Total Assets
    1,459,890
    1,540,056
    1,528,113
    1,432,475
    Total Liabilities
    249,772
    323,398
    287,055
    264,930
    Total Shareholders Equity (After Deducting the Minority Equity)
    1,210,118
    1,216,659
    1,241,059
    1,167,546
    Total Liabilities and Shareholders Equity
    1,459,890
    1,540,056
    1,528,113
    1,432,475
    Statement of Income 2025-03-31 2024-09-30 2024-06-30 2024-03-31
    Total Revenue (Sales/Operating)
    219,772
    215,958
    203,313
    134,500
    Net Profit (Loss) before Zakat and Tax
    67,223
    64,484
    62,898
    17,317
    Zakat and Income Tax
    -11,983
    -4,731
    -1,079
    -2,192
    Net Profit (Loss) after Zakat and Tax
    55,240
    59,753
    61,819
    15,125
    Total Comprehensive Income
    53,742
    59,262
    61,968
    15,273
    Profit (Loss) per Share
    0.62
    0.68
    0.7
    0.17
    Cash Flows 2025-03-31 2024-09-30 2024-06-30 2024-03-31
    Net Cash From Operating Activities
    140,883
    221,506
    103,759
    58,007
    Net Cash From Investing Activities
    -38,237
    -185,467
    -140,370
    -85,909
    Net Cash From Financing Activities
    -114,707
    -123,239
    -56,522
    -69,513
    Cash and Cash Equivalents, Beginning of the Period
    14,016
    110,940
    110,940
    110,940
    Cash and Cash Equivalents, End of the Period
    1,955
    23,740
    17,807
    13,525
    All Figures in Thousands Thousands Thousands Thousands
    All Currency In ^ ^ ^ ^
    Last Update Date 2025-04-29 2024-10-30 2024-08-04 2024-05-05

    The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

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    Shareholding Information

    • Board Of Directors
    • Foreign Ownership
    • Substantial Shareholders
    Time Period
    -
    Search
    Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
    2025-07-13 محمد مانع سلطان ابالعلا Chairman 2.2826622% 2.2826622% 0
    2025-07-13 ابراهيم علي حسين بن مسلم Board of Directors 4.1592422% 4.1592422% 0
    2025-07-13 ماجد علي مسلم Board of Directors 4.7050178% 4.7050178% 0
    2025-07-13 ايمن عبدالرحمن حمد الشبل Board of Directors 1.4200967% 1.4200967% 0
    2025-07-13 جيوفري ماكدونالد 0 داي Senior Executives 0.0117811% 0.0117811% 0
    2025-07-13 احمد عبدالمحسن محمد الصالح Board of Directors 0.0001111% 0.0001111% 0
    2025-07-13 سافاس ساهين Board of Directors 0.1666556% 0.1666556% 0
    2025-07-13 محمد شعيب مشتاق احمد Senior Executives 0.0061111% 0.0061111% 0
    2025-07-13 عبدالسلام عبدالله عبدالعزيز الدريبي Board of Directors 0.0011811% 0.0011811% 0
    • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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    Almasane Alkobra Mining Co.
    Price 68.30
    Market Cap (^ MN) 6,147
    P/E Ratio 28.2
    Created with Highcharts 10.0.0TimePriceChart context menuExport7-07-258-07-259-07-2510-07-2511-07-2512-07-2513-07-25May '22Sep '22Jan '23May '23Sep '23Jan '24May '24Sep '24Jan '25May '2565.6666.3066.9467.5868.2168.85Zoom1D5D ▾1M3M1Y3YAllJul 7, 2025Jul 13, 2025
    Index Name Index Level 1D Return
    Almasane Alkobra Mining Co.67.001.64%
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    Company Profile

    Company overview

    Producing silver and gold bars and alloys, producing copper concentrates, zinc concentrates, extracting granite, nickel condensates, lead condensates, manufacturing of granite, blasting rocks, and establishing factories for the production of tiles and various building materials

    Company History

    Al Masane Al Kobra Mining Company AMAK is a Saudi Closed Joint Stock Company approved by the Ministry of Commerce and Investment Decree Number 247 Q dated 9 Shawwal 1428H Corr. 21 October 2007 and registered in Jeddah under Commercial Registration No. 4030175345 on 7 Muharram 1429H Corr. 16 January 2008. During 2015, the head office of the Company was moved from Jeddah to Najran. Accordingly, Najran Commercial Registration No. 5950017523 dated 3 Duh Al Qidah 1431H Corr. to 11 October 2010 was modified to be main Commercial Registration. During the year, the Company obtained commercial registration number 5950123986 dated 22 Dhu Al Hijjah 1442H Corr 1 August 2021 of a new branch in Najran. The registered office is located at P.O. Box 96, Najran, Kingdom of Saudi Arabia. The Company is engaged in mining of nonferrous metal ores aluminium, copper and lead, mining of ores of precious metals belonging to gold, silver and platinum group, and wholesaling precious metals and gemstones. The Company commenced its commercial production on 1 July 2012. The principal activity of the Company is to produce zinc and copper concentrates and silver and gold dore as per the license Number 86/Q dated 13 Ramadhan 1429H Corr. 13 September 2008 issued by Ministry of Industry and Mineral Resources and expiring on 29 Duh Al Qidah 1443H corresponding to 28 June 2022. During the year, the Company renewed the license for a further thirty years with license number 142941, starting from 30 June 2022 corresponding to 1 Dhu Al Hijjah 1443H. In addition, the Company obtained the license number 9598 Q dated 24 Duh Al Qidah 1436H Corr. to 8 September 2015 for twenty years and expiring on 23 Duh Al Qidah 1456H Corr. to 2 February 2035 from the Ministry of Industry and Mineral Resources for the exploitation of gold and silver dores from accompanying site Mount Guyan Surface. As of the reporting date, the Company has two mines namely Al Masane underground mine and Mount Guyan mine 2020 same. During the year, the Company has planned to expand its current activity by further developing the Moyeath orebody development project for the purpose of increasing the productive capacity of Al Masane underground mine. During the year, the Company commenced the process for Initial Public Offering IPO and Capital Market Authority CMA approval was obtained in this regard on 22 December 2021 corresponding to 18 Jumada Al Ula 1443H. Further, on 18 November 2021 corresponding to 13 Rabi Al Thani 1443H, the shareholders of the Company, in an extraordinary general meeting, passed a resolution about the increase in the Company share capital from SR 563,288,650 to SR 660,000,000 as part of the IPO process. The legal formalities have been completed on 23 March 2022 and the capital was increased accordingly. As of 1st of August 2023, the Extraordinary General Assembly approved the capital increase from SAR 660,000,000 to SAR 900,000,000 and the legal formalities have been completed.

    Company Bylaws

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    Equity Profile

    • Authorized Capital  (^) 900,000,000
    • Issued Shares 90,000,000
    • Paid Capital  (^) 900,000,000
    • Par Value/Share 10
    • Paid Up Value/Share 10

    Last Update :2023-08-02

    Investment limits

    There are no investment limits on the company shares as per the amended rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company bylaw and the issued instructions by the related regulators and supervisory authorities.

     

    • Company Details
    • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
    • Date Established

      2008/01/16

    • Financial Year End

      31/12

    • Listing Date

      2022/03/29

    • External Auditors

      [Ernst & Young Professional Services Professional LLC]

    • ISIN CODE

      SA15HG50KL10

    • Number of Employees

      636

    • Chairman

      Mohammed bin Manea S. Aballala
      Non - Executive

      Mohammed bin Manea S. Aballala
      • BD Session Start
        2025-01-09
        Designation
        Chairman
      • BD Session End
        2029-01-08
        Classification
        Non - Executive
    • Board of Directors

      Ibrahim bin Ali H. Musallam Deputy Chairman - Non Executive

      Ibrahim bin Ali H. Musallam
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Deputy Chairman - Non Executive

      Ayman bin Abdulrahman H. AlShibl Independent

      Ayman bin Abdulrahman H. AlShibl
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Independent

      Fekry Youssef Mohamed Non - Executive

      Fekry Youssef Mohamed
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Non - Executive

      Mohammed bin Ahmad M. AlShehhi Non - Executive

      Mohammed bin Ahmad M. AlShehhi
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Non - Executive

      Majed bin Ali H. Musallam Non - Executive

      Majed bin Ali H. Musallam
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Non - Executive

      Abdulsalam bin Abdullah A. AlDuraibi Independent

      Abdulsalam bin Abdullah A. AlDuraibi
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Independent

      Savas Sahin Independent

      Savas Sahin
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Independent

      Ahmad Abdulmohsin Mohammad Alsaleh Non - Executive

      Ahmad Abdulmohsin Mohammad Alsaleh
      • BD Session Start
        2025-01-09
        Designation
        Board of Directors
      • BD Session End
        2029-01-08
        Classification
        Non - Executive
    • Senior Executives

      Muhammad Shoaib Mushtaq Ahmed CFO

      Muhammad Shoaib Mushtaq Ahmed
      • BD Session Start
        2022-09-19
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Geoffrey McDonald Day CEO

    Geoffrey McDonald Day
    • BD Session Start
      2024-08-12
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO

    Investor Relations

    Contact Name:

    Shahad Marwan Rajkhan

    Company Address:

    Najran City Building No 7847 PO Box 66244 Additional No 3181 Unit No 2

    Contact Details:

    Telephone: 966175292264
    Fax : 966175238722
    Email : srajkhan@amak.com.sa

    Company Website:

    www.amak.com.sa


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    The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.