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Almasane Alkobra Mining Co.

1322
AMAK
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  • Main Market
  • Materials

Stats Overview

  • Prev. Close 58.50
  • Open 58.70
  • High 58.80
  • Low 57.60
  • No. of Trades 1,733
  • Avg. Trade size* 208
  • Volume Traded 360,741
  • Value Traded (SAR) 20,907,218.70

Performance

AMAK
-0.90 ( -1.54% )
Compare
Name Price Change %
Almasane Alkobra Mining Co. 58.70 -1.54%
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
57.60
% Change
-1.54
Volume Traded
30

Best Bid

Price 57.50
Volume 7,669

Best Offer

Price 57.60
Volume 142

52 WEEK

High
63.40
2024/02/20
Low
48.30
2023/10/24
Change**
6.55

PERFORMANCE

Start of Year
55.9
Year ago
54.06
3 Years ago

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Announcements

  • Almasane Alkobra Mining Company (AMAK) announcement of the previously announced developments regarding the appointing of Al Rajhi Capital as Market Maker for the company shares

    1322
    AMAK -1.54 %
    1445/08/08     18/02/2024 08:04:39
  • Almasane Alkobra Mining Co. (AMAK) announcement of the previously announced developments regarding the distribution of cash dividends to the shareholders for the Second half of 2023 AD.

    1322
    AMAK -1.54 %
    1445/07/09     21/01/2024 08:02:54
  • Almasane Alkobra Mining Compnay (AMAK) announces the appointment of a market maker for the company's shares.

    1322
    AMAK -1.54 %
    1445/07/06     18/01/2024 08:02:48
  • Addendum announcement from Almasane Alkobra Mining Company (AMAK)regarding its receipt of notice of an adjustment in the prices of fuel products used in production.

    1322
    AMAK -1.54 %
    1445/07/03     15/01/2024 08:06:41
  • Addendum announcement from Almasane Alkobra Mining Company (AMAK) regarding the distribution of cash dividends to the shareholders for the Second half of 2023 AD.

    1322
    AMAK -1.54 %
    1445/06/27     09/01/2024 15:37:40
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
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      • Company Profile

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      07/01/2024 10/01/2024 21/01/2024 Account Transfer 0.65
      31/05/2023 05/06/2023 15/06/2023 Account Transfer 1.00
      14/11/2022 21/11/2022 30/11/2022 Account Transfer 0.60
      19/07/2022 26/07/2022 09/08/2022 Account Transfer 2.00

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet
      Total Assets - - - -
      Total Liabilities - - - -
      Total Shareholders Equity (After Deducting the Minority Equity) - - - -
      Total Liabilities and Shareholders Equity - - - -
      Statement of Income
      Total Revenue (Sales/Operating) - - - -
      Net Profit (Loss) before Zakat and Tax - - - -
      Zakat and Income Tax - - - -
      Net Profit (Loss) after Zakat and Tax - - - -
      Total Comprehensive Income - - - -
      Profit (Loss) per Share - - - -
      Cash Flow
      Net Cash From Operating Activities - - - -
      Net Cash From Investing Activities - - - -
      Net Cash From Financing Activities - - - -
      Cash and Cash Equivalents, Beginning of the Period - - - -
      Cash and Cash Equivalents, End of the Period - - - -
      All Figures in
      All Currency In
      Last Update Date

      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 2023-09-30
      Total Assets
      1,504,189
      Total Liabilities
      292,284
      Total Shareholders Equity (After Deducting the Minority Equity)
      1,211,905
      Total Liabilities and Shareholders Equity
      1,504,189
      Statement of Income 2023-09-30
      Total Revenue (Sales/Operating)
      110,184
      Net Profit (Loss) before Zakat and Tax
      6,719
      Zakat and Income Tax
      -1,540
      Net Profit (Loss) after Zakat and Tax
      5,180
      Total Comprehensive Income
      5,144
      Profit (Loss) per Share
      0.07
      Cash Flow 2023-09-30
      Net Cash From Operating Activities
      229,883
      Net Cash From Investing Activities
      -295,577
      Net Cash From Financing Activities
      -112,885
      Cash and Cash Equivalents, Beginning of the Period
      381,392
      Cash and Cash Equivalents, End of the Period
      202,813
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2023-11-02

      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.

      Display Previous Periods
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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
      2024-03-03 محمد مانع سلطان ابالعلا Chairman 2.2222222% 2.2222222% 0
      2024-03-03 عبدالسلا م عبدالله عبدالعزيز الدريبي Board of Directors 0.0011811% 0.0011811% 0
      2024-03-03 ايمن عبدالرحمن حمد الشبل Board of Directors 1.4200967% 1.4200967% 0
      2024-03-03 محمد شعيب مشتاق احمد Senior Executives 0.0036667% 0.0036667% 0
      2024-03-03 ابراهيم علي حسين بن مسلم Board of Directors 2.5618433% 2.5618433% 0
      2024-03-03 سافاس ساهين Board of Directors 0.1636822% 0.1636822% 0
      2024-03-03 عبدالاله عثمان ناصر الصالح Board of Directors 0.1837111% 0.1837111% 0
      2024-03-03 ماجد علي مسلم Board of Directors 3.3349733% 3.3349733% 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 57.60
      Market Cap (SAR MN) 5,184
      P/E Ratio 73.89
      Index Name Index Level 1D Return
      Almasane Alkobra Mining Co. %
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      • Announcements & Corporate Actions
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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 (SAR) 900,000,000
      • Issued Shares 90,000,000
      • Paid Capital (SAR) 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
          2022-01-09
          Designation
          Chairman
        • BD Session End
          2025-01-08
          Classification
          Non - Executive
      • Board of Directors

        Ibrahim bin Ali H. Musallam Deputy Chairman - Non Executive

        Ibrahim bin Ali H. Musallam
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Deputy Chairman - Non Executive

        Ayman bin Abdulrahman H. AlShibl Independent

        Ayman bin Abdulrahman H. AlShibl
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Independent

        Fekry Youssef Mohamed Non - Executive

        Fekry Youssef Mohamed
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Non - Executive

        Mohammed bin Ahmad M. AlShehhi Non - Executive

        Mohammed bin Ahmad M. AlShehhi
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Non - Executive

        Majed bin Ali H. Musallam Non - Executive

        Majed bin Ali H. Musallam
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Non - Executive

        Abdulelah bin Othman N. AlSaleh Independent

        Abdulelah bin Othman N. AlSaleh
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Independent

        Abdulsalam bin Abdullah A. AlDuraibi Independent

        Abdulsalam bin Abdullah A. AlDuraibi
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          Classification
          Independent

        Savas Sahin Non - Executive

        Savas Sahin
        • BD Session Start
          2022-01-09
          Designation
          Board of Directors
        • BD Session End
          2025-01-08
          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

        Christopher Gerard Warwick CEO

      Christopher Gerard Warwick
      • BD Session Start
        2024-01-01
        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.